TSB chief executive Paul Pester is being quizzed by the Treasury committee over the collapse of its banking services Introduction: TSB top brass are facing MPs at 2.30pmTSB hires law firm Slaughter and May to investigate IT chaosInsiders blame rushed testing and poor managementTSB’s website coding errorsThe questions MPs must askUK growth falls further behind the eurozone 3.03pm BST Q: Hasn’t this IT migration been a complete failure, asks Charlie Elphicke MP.It’s not been a complete failure, Paul Pester insists – sticking to his earlier argument that much of the migration went smoothly (it’s just that lots of customers couldn’t actually do any banking). 2.59pm BST Charlie Elphicke MP takes up the cudgel, asking about TSB’s senior management regime – and who take responsibility for this mess?Q: Who does the buck stop with? Continue reading…
Via: TSB bosses apologise for IT meltdown as they face MPs – business live

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