I came home this evening to find out that the merger action group, set up to put forward a legal challenge to the HBOS and Lloyds TSB merger, has successfully passed its first hurdle and will be allowed to present their case to the competitions commission. I really hope this legal challenge succeeds and stops the merger going ahead. Not only would the merger mean the loss of a Scottish institution, but also potentially thousands of jobs! According to the group, they now have just 3 days to save the bank so they need all the support they can possibly get. So please follow this link to support the group: http://www.mergeractiongroup.org.uk/
Remember, Westminster will try to do everything it can to ensure that the takeover goes ahead and I am certain that the dark hand of Lord Mandelson is right behind the deal, as well as Darling and Brown! We cannot let them get away with this! Support the group now and save the Bank of Scotland!
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