Friday, September 19, 2008

Unbelievable

Outcry as ‘superbank’ puts saving Scottish jobs above English ones

The clause on page one of the formal takeover document promises that “the management focus is to keep jobs in Scotland”. There is no similar reassurance about jobs in England and Wales.

Posted by gardeniadotnet @ 09:30 AM (1203 views)
Please complete the required fields.



15 thoughts on “Unbelievable

  • The Scots are the root of the problem.

    Want independence? No problem – it’s yours just don’t come crying to us when you’ve spanked the kitty.

    Someone apply for planning permission to re-erect Hadrian’s masterpiece.

    Reply
    Please complete the required fields.



  • Gordon Brown, Alistair Darling, Douglas Alexander – what do they all have in common?

    They’re all Scottish. They have forgotten to protect English workers.

    I’m off to Hadrians Wall to raise an army – we can hurl rocks at the Scots. Anyone fancy joining in?

    Reply
    Please complete the required fields.



  • Why does this not surprise me? Why have I run out of anger at this sort of discrimination? I have come to accept my second class status. Anyway, I suspect that equal treatment would actually have been translated as ‘anti-Scottish’.

    Reply
    Please complete the required fields.



  • “The deal requires approval from the shareholders of both banks.”

    I hadn’t realised that. Interesting.

    Reply
    Please complete the required fields.



  • HBOS and Lloyds are both officially Scottish banks, so if there was an independent Scotland, the Scottish government would be even less interested in protecting English jobs.

    Scotland would of course be about as able to bail out its banks as the Icelandic government, but in this particular case, following the chain of money, it looks like it came from the American taxpayer.

    Reply
    Please complete the required fields.



  • very hot news 2 mins old

    lively debate (p4ac) on origins of federal reserve just been pulled or ‘disappeaeded.

    must be a touchy subject for admin

    Reply
    Please complete the required fields.



  • Really? I wanted to read that.

    I still can’t believe the USA. The government own all the housing and they’re about to own all the banks. Amazing.

    Reply
    Please complete the required fields.



  • #6. They already own their minds.

    Reply
    Please complete the required fields.



  • #5.. It has something to do with the other information on that page/link. Which is enlightening. Not really for public consumption.

    Reply
    Please complete the required fields.



  • How many Lloyds branches are there in Scotland? Behave!

    Reply
    Please complete the required fields.



  • planning4acrash says:

    That’s what happens when you loose the free market people./ Now, government are using the big financial institutions for political reasons. This financial crisis will put huge strain on the Union, and could even cause a break up of the Sterling monetary Union. Well, Government have a solution, lets use the new monopolies to bolster the economy in Scotland. Remember that the Bank of England survves to keep Sterling Alive (and to lead us into the Euro), so, it is putting in clauses to save its ass.

    Reply
    Please complete the required fields.



  • Quite a few xenophobic comments floating around today.
    The majority of the job losses will be branch staff. Two branches in the same geographic location merging into one. It doesn’t really matter if the city happens to be north or south of the border.

    Reply
    Please complete the required fields.



  • planning4acrash says:

    Background to my comments. Much of the taxation of London is to shift money to the north, because interest rates are right for London are too high for the north. So, Much of our tax is to prop up an anti free market currency, because otherwise the economy in the north would crumble. As it is, the north is unproductive, because it relies on government money flows that are rarely directed to productive uses. If we had gold, we wouldn’t have the problem at all. If we had a separate fiat currency for Scotland, that would be a better half way house.

    Reply
    Please complete the required fields.



  • At the risk of ebing controvesial. Don’t think this is actually a straight North South argument, it is – but it isn’t. Even if the leaders of the Labour party are Scots that’s a coincidence, English men would play the same game. NeoLabour are as hated in Scotland than they are in England. They couldn’t form a government without their key support in Scotland. English or Scottish leaders, it doesn’t make any difference, they have to play to the people that keep them in power. I think its also worth remembering that once upon a time there was a strong manufacturing and oil economy in Scotland. It isn’t/hasn’t always been a one way street. Scotland has also been a useful laboratory for politcal testing. Anyone who thinks it might be worth taking a punt on the Liberals in the next election just need to look north to see how scheming and two faced they are. They were trusted by people in Scotland and the result was they stabbed everyone in the back and handed the NeoLabour politburo control of Holyrood. To declare an interest I am Scottish and I’m embarrassed by Brown and The Badger and Bliar and as of yesterday Alex Salmond (although I suppose he had to express some sort of outrage at the BOS in HBOS being eaten by an English-ish bank – that’s his job after all.) I like the Union with the Southern softies. I am married to an Englisher and live in the land of the Angles.

    Reply
    Please complete the required fields.



  • Stevie Dee,

    There are quite a lot of Lloyds branches in Scotland. TSB was one of the big 4 Scottish banks, along with RBS, Bank of Scotland and Clydesdale. I don’t know the exact number, but their branch coverage is pretty comparable to the other three.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>