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The new team in Washington seems to have declared year zero as far as prior American undertakings are concerned.
Assign start and closing dates to all undertakings, as well as undertaking durations.
Lloyds needs the "prior written consent" of the secretary of state to be released from the undertakings, which seek to address competition concerns about the current account and business banking market.
"Prior to any implementation, we will consult extensively on an individual and collective basis under Transfer of Undertakings Protection of Employment Regulations 2006.
Enormous undertakings followed.
But joint undertakings have failed before.
Those are traditionally much riskier undertakings".
New industrial undertakings, however, also appeared.
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