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Scott reacts to HBOS merger talks

September 18, 2008 10:38 AM
Originally published by Scottish Liberal Democrats

Commenting on the news that Lloyds TSB and HBOS are in the advance stages of merger talks, Tavish Scott, leader of the Scottish Liberal Democrats said:

"The enormous short term financial pressures have understandably led to these talks, but customers need to know that banking regulators are on their side, because a merger of these two companies will mean less competition."

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