Summary
THE UK Treasury yesterday indicated for the first time that it may consider injecting funds into an independent HBOS if the bank's proposed merger with Lloyds TSB collapses.
The move is a departure from the Treasury's repeated refusal to say what it might do in such an event, which it sees as "hypothetical".See the full content of this document
Extract
Independent Hbos 'Could Be Funded by the Treasury'
It also offers hope to any HBOS shareholders opposed to the merger that an alternative rescue package for the bank ...
See the full content of this document
Sponsored links
