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Author Topic: UK Financial Future - Halifax  (Read 1854 times)

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Mr Skrunts

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UK Financial Future - Halifax
« on: 18 September 2008, 22:29:58 »
Just watching the news.  The Halifax has been sold for £12B to llyods tsb.  Does that mean the whole group of companies or just the Halifax.
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Vamps

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Re: UK Financial Future - Halifax
« Reply #1 on: 18 September 2008, 22:31:25 »
I understand that it is the full group, that is why there will be branch closures, apparently.
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tunnie

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Re: UK Financial Future - Halifax
« Reply #2 on: 18 September 2008, 22:31:43 »
Quote
Just watching the news.  The Halifax has been sold for £12B to llyods tsb.  Does that mean the whole group of companies or just the Halifax.

Lloyds TSB has bought HBOS, so thats Halifax, Royal Bank of Scotland, and any others which are part of HBOS.
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Mr Skrunts

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Re: UK Financial Future - Halifax
« Reply #3 on: 18 September 2008, 22:35:52 »
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Quote
Just watching the news.  The Halifax has been sold for £12B to llyods tsb.  Does that mean the whole group of companies or just the Halifax.

Lloyds TSB has bought HBOS, so thats Halifax, Royal Bank of Scotland, and any others which are part of HBOS.

I thought that would be the case but all they kept mentioning was the Halifax.
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tunnie

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Re: UK Financial Future - Halifax
« Reply #4 on: 18 September 2008, 22:37:05 »
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Quote
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Just watching the news.  The Halifax has been sold for £12B to llyods tsb.  Does that mean the whole group of companies or just the Halifax.

Lloyds TSB has bought HBOS, so thats Halifax, Royal Bank of Scotland, and any others which are part of HBOS.

I thought that would be the case but all they kept mentioning was the Halifax.

Course they will, Media will focus on that as its much more of a house hold name. More scare mungering too as lot of people have mortgages with them too.
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hotel21

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Re: UK Financial Future - Halifax
« Reply #5 on: 18 September 2008, 22:52:34 »
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Quote
Just watching the news.  The Halifax has been sold for £12B to llyods tsb.  Does that mean the whole group of companies or just the Halifax.

Lloyds TSB has bought HBOS, so thats Halifax, Royal Bank of Scotland, and any others which are part of HBOS.

Sorry, thats Halifax and Bank of Scotland.  Not the ROYAL Bank of Scotland, two seperate entities....   :y
« Last Edit: 18 September 2008, 22:52:51 by hotel21 »
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Martin_1962

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Re: UK Financial Future - Halifax
« Reply #6 on: 18 September 2008, 22:53:41 »
Not a fan of Lloyds - do I move my current account and 3 childrens accounts?
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hotel21

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Re: UK Financial Future - Halifax
« Reply #7 on: 18 September 2008, 22:55:06 »
Bear in mind that your savings are only guaranteed by legislation upto 35K across the group.  If you have more than that in one institution, spread it around, methinks....
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tunnie

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Re: UK Financial Future - Halifax
« Reply #8 on: 18 September 2008, 22:56:32 »
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Quote
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Just watching the news.  The Halifax has been sold for £12B to llyods tsb.  Does that mean the whole group of companies or just the Halifax.

Lloyds TSB has bought HBOS, so thats Halifax, Royal Bank of Scotland, and any others which are part of HBOS.

Sorry, thats Halifax and Bank of Scotland.  Not the ROYAL Bank of Scotland, two seperate entities....   :y

My mistake  :-[  :y

Thought they were the same!
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Mr Skrunts

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Re: UK Financial Future - Halifax
« Reply #9 on: 18 September 2008, 22:58:36 »
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Re: UK Financial Future - Halifax
« Reply #10 on: 18 September 2008, 23:09:03 »
spare a thought for those who might be losing their jobs...

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hotel21

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Re: UK Financial Future - Halifax
« Reply #11 on: 18 September 2008, 23:10:28 »
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spare a thought for those who might be losing their jobs...


Thought he got binned some months ago in favour of the wee (oriental?) chap with the cartoon spikey haircut??   :o
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Nickbat

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Re: UK Financial Future - Halifax
« Reply #12 on: 18 September 2008, 23:14:13 »
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Not a fan of Lloyds - do I move my current account and 3 childrens accounts?

In these times it's not a question of being a "fan", it's a question of knowing where to safely deposit your assets. My personal advice is to keep your accounts where they are, for I can't think of a safer alternative than Lloyds at the moment. Mind you, I've banked with them for more years than I care to admit and can't say I've had any real problems.
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Vamps

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Re: UK Financial Future - Halifax
« Reply #13 on: 18 September 2008, 23:20:28 »
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Not a fan of Lloyds - do I move my current account and 3 childrens accounts?

In these times it's not a question of being a "fan", it's a question of knowing where to safely deposit your assets. My personal advice is to keep your accounts where they are, for I can't think of a safer alternative than Lloyds at the moment. Mind you, I've banked with them for more years than I care to admit and can't say I've had any real problems.

Well I am keeping my Overdraft with HSBC ;D ;D ;D
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Re: UK Financial Future - Halifax
« Reply #14 on: 18 September 2008, 23:26:07 »
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spare a thought for those who might be losing their jobs...


Thought he got binned some months ago in favour of the wee (oriental?) chap with the cartoon spikey haircut??   :o
I'm convinced he's related to Sonic the Hedgehog.
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