Comment posted McGrigor slams HBOS on Islay businesses left beached by Dave Sykes – Islay Translations.
I am beginning to wonder, from the responses to our MP’s and MSPs’ efforts on the island’s behalf, whether the Government might (just might) be saying one thing to the banks in public: “support businesses to get us out of recession”, and quite another in private: “grab what you can in the immediate short-term”. Hence the conflicting signals from Westminster quoted by Jim Mather.
Dave Sykes – Islay Translations also commented
- This is a catastrophic decision by the Bank of Scotland for the island economy. Being able to talk to someone who understands the island society and economy, and knows who we are and what we are capable of, is essential to the successful running of a business here.
I have been a customer of the BOS since they first came to the island and feel bitterly let down by the bank taking this cavalier attitude to its customers here at the very time when we are facing a recession caused by the banks, which have been given unimaginable amounts of our money to keep them in business.
Ironically, the effect will be worsened because we are used to having a very skilled business manager here, who must take no little credit for our thriving but vulnerable micro-economy and, I have no doubt, for making a lot of money for the BOS.
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