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Nabby81

Lloyds To Cut Jobs

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Replaced by software no doubt.

From what I've seen of banking software you cannot blame any job losses on it. The problems caused with credit cards are all software related but very old superannuated software that should have been replaced donkeys years ago - only nobody is willing to tell the bosses that instead of paying bonuses and dividends they need to re-invest. Preferably without giving the contracts to the usual suspects who live off not delivering.

A banking mainframe in 1968 worked in pound shillings and pence (pre decimal). As a quick fix the IT guys wrote a 'wrapper' program that converted decimal to £sd so that they didn't have to rewrite the core programs. Part of the problem with one bank taking over another is this wrapper is still in place in some banks.

One contract I did was 'end user testing' of software for the bank clerks. I was told it would be rolled out nationwide in a fortnight. First day I logged 137 faults with the user interface. I moved on before it was inflicted on the counter staff.

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The problems caused with credit cards are all software related but very old superannuated software that should have been replaced donkeys years ago - only nobody is willing to tell the bosses that instead of paying bonuses and dividends they need to re-invest. Preferably without giving the contracts to the usual suspects who live off not delivering.

Comical isn't it? I've seen some real crap.

I loved Lloyds Banking Group setting up a 'new' de-mergable TSB whilst they still have some accounting on a Lloyds mainframe that pre-dates their merger with the original TSB, and they decided 20 years ago that standardising on the TSB platform and migrating all the Lloyds heritage accounts was their strategy.

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If the cost of living weren't so high....losing ones job would not be so catastrophic .......let us all work fewer hours, hours enough to live.......we all could, if it were not for the extortionately high land, property and rental costs......this is what keeps all good people having to continue to work and earn. ;)

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  • 404 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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