Alex Salmond calls on economic experts

First Minister Alex Salmond wants to harness the country's "economic
firepower" in his campaign to protect HBOS banking jobs in Scotland.

Mr Salmond will ask the
Council of Economic Advisers to help him persuade Lloyds TSB of
Scotland's advantages when the £12bn takeover takes place.

It comes ahead of a meeting between the Scottish Government and the bank's chairman Victor Blank.

The Council of Economic Advisers will meet at Dumfries House in Ayrshire. It is chaired by former senior banker Sir George Mathewson and features Nobel prize-winning economists among its members.

Mr Salmond said he hoped the organisation would provide evidence and
arguments to support the case to retain headquarter functions and jobs
at the Bank of Scotland.

He said: "As decisions are being planned that will
define the shape of that organisation, and the future of Scottish jobs
and decision making, we must make a clear and united case for Scotland
as a world-class business base.

"This is the time to harness the intellectual firepower at our disposal to promote Scotland's competitive advantage."

It will be the fourth meeting of the council, which was established to
advise the first minister directly about the best way to improve
Scotland's sustainable growth.

Lloyds TSB is to take over HBOS in a deal which will create a banking
giant, holding close to one-third of the UK's savings and mortgage
market.