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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

Lloyds questioned by watchdog over use of staff banking data in pay talks

A sign outside a branch of Lloyds Bank in central London
Lloyds Banking Group said it was ‘committed to fair and progressive pay’. Photograph: Luke MacGregor/Reuters

The information watchdog is questioning Lloyds Banking Group over a potential breach of privacy rules after it accessed data from 30,000 staff bank accounts during union pay talks last year.

Lloyds – which owns the Halifax and Bank of Scotland brands – used aggregated salary, spending and savings data as part of a presentation to staff union representatives, which suggested that its lowest-paid staff had been in a better financial position than the wider population in recent years.

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