Thursday, 18 September 2008

Bank of Scotland takeover

By now, I would think that every Scot would know about the HBOS merger with Lloyds TSB. To me personally, this is just the final straw! The takeover of Scotland's oldest and most respected bank is a loss of a national institution. As The Scotsman put it, it is "The darkest day in Scottish Banking"!! But the worst part of all this has to be the fact that so many people now risk losing their jobs! While the exact number of possible job losses has most likely been exaggerated, it doesn't disguise the fact that any job losses are terrible and should NOT be happening! First Minister Alex Salmond, today, at First Ministers questions, was doing exactly what any First Minister should be doing and that was standing up for the Scottish national interest by doing everything he can to secure the jobs of workers at the Bank of Scotland, ensuring that as few branches as possible, if not none, are closed and making sure that the Scottish bank notes are protected! All in all, his performance in FMQ's today was true statesman like and was miles better than either Iain Gray ( who had his first FMQ's today) or Gordon Brown could ever do! And things just got even worse for Labour today after a new poll put the Tories on 52%!! A massive 28 points ahead of Labour who were on 24% while the Lib Dems were on 12%. This, alone with the loss of the Bank of Scotland today, can only increase support for Independence for Scotland!!

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