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Halt urged over 'ill thought out' HBOS merger

Calls were made last night for the proposed merger of HBOS and Lloyds TSB to be halted after comments from the Financial Services Authority (FSA) suggested the Scottish bank had enough money to survive on its own.

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heraldscotland staff

SIMON BAIN and MICHAEL SETTLE

Calls were made last night for the proposed merger of HBOS and Lloyds TSB to be halted after comments from the Financial Services Authority (FSA) suggested the Scottish bank had enough money to survive on its own.