Thursday, Jul 17, 2008

Embattled HBOS cuts jobs as rights issue humiliation looms

Scotsman: Embattled HBOS cuts jobs as rights issue humiliation looms

SCOTTISH banking giant HBOS announced plans to cut 650 jobs yesterday, as its share price crashed to a new low – only hours before its £4 billion rights issue closes.

Posted by gordonbrown @ 09:17 AM (274 views) Add Comment

2 Comments

1. Whostolemyendowment said...

If anything - I hope this leads to Halifax pulling those naff adverts with the Brumy guy singing.....they make me retch!

http://www.youtube.com/watch?v=uEVjbosMqFM

http://www.youtube.com/watch?v=FXrSFARiYvU

Thursday, July 17, 2008 09:41AM Report Comment
 

2. p. doff said...

Time to go back to the supermarket Andy. If you claim the credit on the way up, you should accept responsibility on the way down. No, I don't suppose your job is on the line though, is it?

Signed
a peed off shareholder.

Thursday, July 17, 2008 06:01PM Report Comment
 

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