The architects of the £12 billion rescue of HBOS were accused yesterday of playing politics with jobs after a clause was inserted into the deal that appears to protect jobs in Scotland, despite no equivalent reassurance for workers south of the Border.
Managers of the new superbank are under pressure to find savings by cutting tens of thousands of jobs, but analysts said that a deal that was easier on employees in Scotland would likely result in more redundancies in England and Wales.
The clause on page one of the formal takeover document promises that “the management focus is to keep jobs in Scotland”. There is no similar reassurance about jobs in England and Wales.
and more...plus sky news interview http://business.timesonline.co.uk/tol/busi...icle4783792.ece
ive known thetimesonline to infect my pc with spyware, so i wouldn't advise you hang around.
so the madness of the break down of society continues, we don't have a genuine say, its going to happen and all you can do is prepare, or cause the spark that creates a revolution?
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Outcry as ‘superbank’ puts saving Scottish jobs above English ones thousands of jobs at stake
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