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 Lloyds closure
Topic Originator: jake89  
Date:   Wed 15 Jan 17:16

Following in from Nationwide closing the old Dunfermline HQ, Lloyds are now leaving Pitreavie after 40 years due to people working from home. The Dunfermline BS building has sold but my recollection of the Lloyds building is it was much bigger and pretty grim inside truth be told. Hopefully none of them will be forced over the bridge as a result of this.
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 Re: Lloyds closure
Topic Originator: LochgellyAlbert  
Date:   Wed 15 Jan 21:01

Lloyd`s doing a refurb of their HQ just off Haymarket, my son tells me it`s costing £200million!

Staff opinion is that it would have been cheaper building a new office, he is only in 2 days a week, rest of the time works from home on System Support.
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 Re: Lloyds closure
Topic Originator: buffy  
Date:   Wed 15 Jan 21:25

Quote:

jake89, Wed 15 Jan 17:16

Following in from Nationwide closing the old Dunfermline HQ, Lloyds are now leaving Pitreavie after 40 years due to people working from home. The Dunfermline BS building has sold but my recollection of the Lloyds building is it was much bigger and pretty grim inside truth be told. Hopefully none of them will be forced over the bridge as a result of this.


It’s one of the options on the table and the bank are offering to make up the difference in travel costs for one year for those employees who will have to go to Edinburgh. The refurbishment which LA mentions is over a three year period so there will be other buildings in the capital owned by Lloyd’s for employees to use.

”Buffy’s Buns are the finest in Fife”, J. Spence 2019”

Post Edited (Wed 15 Jan 21:26)
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 Re: Lloyds closure
Topic Originator: P  
Date:   Wed 15 Jan 21:51

Quote:

buffy, Wed 15 Jan 21:25

Quote:

jake89, Wed 15 Jan 17:16

Following in from Nationwide closing the old Dunfermline HQ, Lloyds are now leaving Pitreavie after 40 years due to people working from home. The Dunfermline BS building has sold but my recollection of the Lloyds building is it was much bigger and pretty grim inside truth be told. Hopefully none of them will be forced over the bridge as a result of this.


It’s one of the options on the table and the bank are offering to make up the difference in travel costs for one year for those employees who will have to go to Edinburgh. The refurbishment which LA mentions is over a three year period so there will be other buildings in the capital owned by Lloyd’s for employees to use.


It’s also a 2 stage refurbishment- first by the landlord (not Lloyd’s) and then the tenant (Lloyd’s)
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 Re: Lloyds closure
Topic Originator: jake89  
Date:   Wed 15 Jan 22:09

It`ll be a shame to lose the physical office and I hope the extra travel time and cost isn`t too much of a burden for those who have to shift to Edinburgh. I was reading they`re doing the same in Liverpool too.
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 Re: Lloyds closure
Topic Originator: DBP  
Date:   Thu 16 Jan 05:46

Makes sense, Lloyds employ about half the people (in the uk) they used to, and many of those left only attend the office part time.

Realise it’s a pain for those who aren’t used to the commute, but couple of days a week where you have to use the bus or train isn’t so bad (many people have commuted every day)
I think the gyle (Sighthill) is their decant space (while there main hub) is being refurbished - so that may limit options to the train only as the Fife to gyle bus has stopped due to low numbers
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 Re: Lloyds closure
Topic Originator: Berry  
Date:   Thu 16 Jan 06:49

Its Port Hamilton that is getting refurbed and a lot of folk will be moving to, includes those from Sighthill which will also be closing.
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 Re: Lloyds closure
Topic Originator: General Zod  
Date:   Thu 16 Jan 07:00

People realise not everyone works during the day eh? What about folk that work in the evenings? How are they meant to get home if they finish at 12, get stuck on a call and then can’t get home? They’re not offering voluntary redundancy and some folk don’t have the option to work from home. Looks like they know people will have to lose their jobs and are counting on it.

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 Re: Lloyds closure
Topic Originator: P  
Date:   Thu 16 Jan 10:24

Quote:

Berry, Thu 16 Jan 06:49

Its Port Hamilton that is getting refurbed and a lot of folk will be moving to, includes those from Sighthill which will also be closing.


Where have you seen that Sighthill is closing? Speke & Dunfermline are the only ones that were announced yesterday

Never mind found it; Citymark, Sighthill North, Ettrick House, Teviot and New Uberior all to go after 2027. Handy when everyone needs to get back on 40% and you can bet on that amount increasing before then

Post Edited (Thu 16 Jan 10:27)
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 Re: Lloyds closure
Topic Originator: jake89  
Date:   Thu 16 Jan 13:49

While it makes sense to consolidate under utilised buildings, think about all the facilities and catering staff out a job. The businesses around Pitreavie won`t be too badly affected but I bet the cafes and shops around Fountainbridge will feel the impact.
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 Re: Lloyds closure
Topic Originator: DBP  
Date:   Thu 16 Jan 18:27

But surely if the buildings are under populated and that trend continues (as it is), then the surprising businesses wouldn’t be getting enough footfall anyway
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 Re: Lloyds closure
Topic Originator: Berry  
Date:   Thu 16 Jan 18:56

Quote:

P, Thu 16 Jan 10:24

Quote:

Berry, Thu 16 Jan 06:49

Its Port Hamilton that is getting refurbed and a lot of folk will be moving to, includes those from Sighthill which will also be closing.


Where have you seen that Sighthill is closing? Speke & Dunfermline are the only ones that were announced yesterday

Never mind found it; Citymark, Sighthill North, Ettrick House, Teviot and New Uberior all to go after 2027. Handy when everyone needs to get back on 40% and you can bet on that amount increasing before then


My wife works for Lloyds and is based in Sighthill North. It was announced a good while ago about the 2027 dates, Pitreavie is just the latest one to be agreed to close.

Post Edited (Thu 16 Jan 18:56)
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 Re: Lloyds closure
Topic Originator: jake89  
Date:   Thu 16 Jan 20:46

Quote:

DBP, Thu 16 Jan 18:27

But surely if the buildings are under populated and that trend continues (as it is), then the surprising businesses wouldn’t be getting enough footfall anyway


Unsurprising but disappointing to see a solo site in Dunfermline close though.

The technology isn`t keeping up but it needs to get to a point where lots of companies can securely base themselves in hub buildings in towns and cities rather than centralising to massive offices in the bigger cities.

Hopefully there will be interest in the building. A positive is that Caledonia house over the road appears to have sold fairly quickly.
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 Re: Lloyds closure
Topic Originator: Pars232  
Date:   Sat 18 Jan 10:50

Sainsbury`s Bank is being sold to NatWest. Colleagues there due to face redundancy this year. 3 banks down to one. Kinda sad given Dunfermline`s city status.
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