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

ICO says it is making inquiries with banking group over data privacy after it accessed 30,000 staff accounts

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.