Lloyds TSB and HBOS have both today (3rd December 2008) announced packages to help small businesses.
Following the statement made by Chancellor Alistair Darling before the Lloyds TSB shareholders voted yesterday to accept the planned takeover of HBOS, Sir Peter Burt and Sir George Mathewson have abandoned their attempt to manage HBOS into independence.
Mr Darling, in…
Lloyds TSB shareholders have now voted in favour of taking over HBOS. Unite demonstrated outside over the job losses that will inevitably follow. HBOS shareholders will vote on the deal on 12th December.
Becaue of the drop in interest rates, there will…
Significantly heavy traffic has been visiting our news item on the establishment by Sir Peter Burt and Sir George Mathewson of their campaign website for an independent HBOS. Much of that traffic has been clicking through to to the website link…
Scots financier, Jim Spowart, has announced the end of his personal efforts to retain the independence of HBOS. He is retiring disillusioned by the inability of UK ministers to put party politics and ego second to the drive to save…
In a memorable phrase in his continuing campaign to preserve HBOS as an independent bank, Scots financier Jim Spowart says: ‘I think the management at HBOS have thrown their guns overboard a few weeks ago and are not prepared to…
First Minister, Alex Salmond, Speaking on BBC Radio’s Today programme this morning, that the present circumstances in the banking industry indicate that HBOS could be helped into independence rather than into the Lloyds TSB takeover. He said that the picture…
Sir Peter Burt, former chief of the Bank of Scotland credited with creating HBOS and Sir George Mathewson, credited with transforming the Royal Bank of Scotland to a world power in banking, have entered the debate on the future of…
Lloyds TSB have now said that, while the name of the new merged bank will be Lloyds Banking Group, it has not yet made up its mind whether that will be the name of its universal high street presence. It…
The name for the new giant bank formed if the merger of Lloyds TSB and HBOS goes ahead is to be Lloyds Banking Group. Scotland will mourn the loss even of the name but in the end it is only…
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