this post was submitted on 13 Feb 2024
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[–] floofloof@lemmy.ca 73 points 9 months ago (2 children)

The trouble, she said, stemmed from a decision by Barclays Bank to freeze the orchestra’s account – a problem that has also seriously affected the finances of charities and other cultural and religious groups, including the classical music venue, St John’s Smith Square. Under the bank’s obligation to help prevent financial crime it had requested further information from some customers in order to keep their accounts active.

Efforts to reopen the account, frozen by Barclays “with no prior warning”, said Lightfoot, took four months. “We kept the musicians informed during this period that their payment would go out as soon as the account was reopened, but as the timeline of the reopening was further delayed many times, it was difficult to provide musicians with a clear timeframe,” she said. Musicians have also been asked to come forward with any outstanding invoices.

I imagine the musicians were just trying to help the orchestra survive, and expecting it would be sorted out any day soon.

[–] draughtcyclist@lemmy.world 21 points 9 months ago (2 children)

The article makes no mention of why the account was frozen in the first place.

[–] ABCDE@lemmy.world 26 points 9 months ago

Barclays don't need a reason, they are utter shits.

[–] girlfreddy@lemmy.ca 16 points 9 months ago (1 children)

This is from a link in the main article ...

“Like the others you have featured, the bank asked us for directors’ details as part of their regulatory obligations to know their customers,” she says. “We believe that we complied with all their requests but despite that the account of 15 years was just frozen. No warning, and all our direct debits cancelled just like that.

A Barclays spokesperson says: “As part of our ongoing responsibility to help prevent financial crime, and to meet our regulatory obligations, we are required to keep up-to-date information regarding our customers’ accounts. We share a series of communications with our customers, including writing to them by post, through alert banners on our digitally active customers’ online and mobile banking, as well as reminder SMS text messages and emails, asking customers to supply us with some important information relating to their Barclays Business accounts.”

[–] jet@hackertalks.com 3 points 9 months ago (1 children)

Your absolutely right, people have a sense of family/community with their workplace co-workers which is why its so easy to "take one for the team" and skip a paycheck.

This is why its necessary to tell people to walk as soon as the money stops, so they don't fall deeper into the hole. A reasonable business will understand their people need to get paid, and if they sort out their finances will take back their employees even if they had to pursue other ventures during the insolvency.

[–] floofloof@lemmy.ca 21 points 9 months ago* (last edited 9 months ago) (1 children)

It's extremely difficult to get a position playing in an orchestra - the competition is fierce. I imagine this is also a consideration: when you get a job like that, you really don't want to give it up lightly because you've spent your whole life training for it and you don't know when or whether you'll get another one.

[–] BURN@lemmy.world 8 points 9 months ago

Orchestra positions are often jobs that these people will keep for life or until a seat in a new orchestra opens up. There’s an extremely limited number of jobs. I had a fairly distant cousin audition for the Seattle Symphony, for the single open trumpet seat there were north of 200 applicants. It’s such an incredibly competitive field that if you walk out, you might just possibly never get back in.