HBOS; credit crunch

Alex Neil comments on the General Secretary of Unite's remarks regarding Sir Peter Burt and Sir George Mathewson’s intervention in the Lloyds TSB takeover of HBOS.

SNP MSP Alex Neil – a member of the Scottish Parliament's Finance Committee – has welcomed today's editorial in the Financial Times which calls on investors to block the proposed takeover of HBoS by Lloyds-TSB

The former chief executives of Bank of Scotland and Royal Bank of Scotland have written to HBOS calling for its chairman and chief executive to resign.

Scotland's First Minister Alex Salmond has repeated his call for the UK to guarantee all Sterling deposits in UK financial institutions.

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

The first minister has urged the UK Government to provide an unlimited guarantee for sterling bank deposits.

First Minister Alex Salmond met executives from Lloyds TSB to discuss the implications of the proposed takeover of HBOS for the Scottish economy.

Alex Salmond has claimed that the Prime Minister and Chancellor stood "idly by" as a deal was done to merge HBOS with Lloyds TSB, failing to give the Scottish institution the backing it needed.