item1
Heading Heading1 Heading1a Heading1b Heading1b1 Heading1b2 Heading1b2a Heading1b2b Heading1b2b1

News

Back to news index

12 January 2009

Lloyds HBOS merger gets final go ahead from courts

The much anticipated merger between Lloyds TSB Bank plc and Halifax Bank of Scotland has been given the green light by the courts. At the same time, it is confirmed that the British taxpayer will end up owning nearly half the combined bank (44%).

So yet another almost nationalisation. How the mighty are fallen.

See story on BBC website.

Published and promoted by Bob Egerton, TR2 4RS