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| We would like you to support our campaign for the takeover of HBOS by Lloyds TSB to be referred to the competition commission and for the Government to create a level playing field by giving the same encouragement to alternative solutions that it has given to Lloyds. Please click on the link below and complete the form. SIGN UP |
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We need a fighting fund to meet legal and other costs associated with making the appeal to the Competition Appeal Tribunal. If you would like to make a donation, large or small, please click the button below.The Big Question
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02.03.09
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From MAG NEWS
Although the Competition Appeals Tribunal ruled against us, the issues raised by our case continue to resonate, particularly given subsequent events and disclosures. -
02.03.09
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By Carolyn Churchill
Read this article on TheHerald.co.uk
The UK Government is coming under increased pressure to publish a "secret dossier" which is alleged to contain information relating to Lloyds TSB's takeover of Halifax Bank of Scotland.
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02.03.09
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From Editorial Comment
Read this article on TheHerald.co.uk
A lack of confidence has undermined the Government's efforts to kickstart the ailing economy and has perhaps manifested itself most corrosively in the failure of the banks to fill the lending void left by the withdrawal of foreign financial institutions. -
01.03.09
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From Daily Express Online
Read this article on Express.co.uk
The Treasury has been challenged to explain an alleged secret dossier at the heart of the Lloyds takeover of Halifax Bank of Scotland.The call came from Liberal Democrat deputy leader Vince Cable, who has tabled a parliamentary question asking if the dossier still exists, and if its contents can now be revealed.
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28.02.09
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By Tom Peterkin
Read this article on Scotsman.com
THE Liberal Democrat deputy leader Vince Cable is demanding the release of a "secret dossier" which the Government used to help push through the controversial Lloyds TSB takeover of HBOS. -
12.12.08
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By Brian Taylor
Three hundred years of Scottish financial history brought to a stammering close in a Birmingham convention centre.
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12.12.08
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By Jill Treanor
Read the article on Guardian.co.uk
HBOS lost a fifth of its value on the stockmarket today, and other bank shares suffered heavy losses, as it revealed it had suffered a dramatic rise in bad debts over recent weeks.
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12.12.08
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From DailyRecord.co.uk
HBOS SHAREHOLDERS overwhelmingly approved the bank's controversial takeover by rival Lloyds TSB and an £11.5 billion funding boost from the taxpayer.
Based on votes cast before the meeting, the moves were supported by an 84% majority of individual shareholders, and 98% by the value of shares voted.
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11.12.08
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From MAG NEWS
The Merger Action Group said today [Thurs] it felt it had done all it practically could to highlight the widespread public concern over the Government's decision to waive competition law to push through the takeover of HBOS by Lloyds TSB. -
10.12.08
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From MAG NEWS
The Merger Action Group tonight [Wed] said it was disappointed to lose its legal challenge against the Government’s decision to ignore competition law to push through the Lloyds TSB’s proposed takeover of HBOS.
| How To Help |
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The Merger Action Group relies on support from people across the UK who have an interest in protecting the law, jobs, competition and the rights of the taxpayer. You can show your support for the Campaign by signing up and encouraging your friends to sign up. The more names we get, the more we can make ourselves heard. It's vital that we do not simply stand aside. Please show your support for the Merger Action Group by adding your name to the growing list of supporters. We will then keep you updated as our Appeal progresses. We are also looking for donations large and small to help with the legal and other costs associated with making the appeal to the Competition Appeal Tribunal. We do not have the resources of the UK Government, and really do rely on widespread public support to keep moving forward and making our case. If you can help, please click on the Make a Donation button to your left and complete the form. Your support is greatly appreciated. All members of the MAG are volunteers are funds will be used purely for third party costs incurred, and all those who contribute will be provided with a breakdown of costs incurred, checked by a qualified accountant. |
This merger will make them [Lloyds Group] a dominant force in UK Mortgage lending for decades to come. We have fought hard for freedom before, now we need to fight to keep the freedom of choice.