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Posts for tag: Team Building

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Biggest team build ever required?

Merger of Lloyds TSB & HBOS will require some serious team development

A new superbank

A new superbank

Back in September, Lloyds TSB announced it planned to take over HBOS. Since then the merger has been approved and looks set to complete next month, creating the UK’s first “superbank”.

Lloyds TSB was was created when the Lloyds Bank and the Trustee Savings Bank (TSB) agreed to merge their operations creating what was, at the time, the second largest bank in the UK. LLoyds TSB currently operates Cheltenham & Gloucester, Scottish Widows, Insurance.co.uk and Intelligent Finance. HBOS, for its part, was created as a result of a merger between Halifax plc and the Bank of Scotland. HBOS operates Halifax, Bank of Scotland, Birmingham Midshires and The AA.

The merger will therefore create a banking giant with around 145,000 staff and 3,000 branches across the UK.  …

Submarine offers a team-building opportunity

A nuclear submarine provided an unusual venue for business leaders to work with their colleagues on their team skills. 

A submarine offers an unusual venue for teambuilding

A submarine offers an unusual venue for teambuilding

A team of business leaders were given permission to witness officers and ratings participating in damage control exercises on board the nuclear submarines HMS Sceptre and HMS Victorious before being put through their paces themselves. The team, which included business leaders from the local area, got a rare glimpse of the challenges of life at HM Naval Base Clyde, home to the UK’s strategic nuclear deterrent.

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