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Thousands face axe in HBOS merger

Thread starter zesto
Start date Sep 18, 2008

Z

zesto

Well-Known Member

Sep 18, 2008

#1

double post, sorry

Last edited: Sep 18, 2008

Z

zesto

Well-Known Member

Sep 18, 2008

#2

http://news.bbc.co.uk/1/hi/business/7622380.stm

HBOS no longer...

The future of thousands of jobs is in the balance in the wake of Lloyds TSB's £12.2bn takeover of Halifax Bank of Scotland (HBOS).

While Lloyds dismissed claims that up to 40,000 jobs faced the axe as "ridiculous", it refused to rule out compulsory redundancies.

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