Lloyds bank has found a new way of saving money. It has banned all staff from travelling in the third week of every month.
How pathetic, I thought when I first heard of this. Things evidently aren’t good at the half-nationalised bank if first the chief executive stays home for a couple of months because he’s exhausted and then it implements a hare-brained cost-cutting scheme that treats people like babies.
The idea is nonsensical: if a trip matters, it ought to be taken at the right time; and if it isn’t, it ought not to be taken at any time at all. Most ludicrous of all, the bank says the policy is part of its “Smart and Responsible” initiative and is in accordance with one of its core values: “We Act Wisely”.