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Legal & General stands behind Lloyds TSB-HBOS deal

The so-called campaign to "save Bank of Scotland" was dealt a blow yesterday when a second major institutional shareholder said it was backing the takeover of HBOS by Lloyds TSB.

The so-called campaign to "save Bank of Scotland" was dealt a blow yesterday when a second major institutional shareholder said it was backing the takeover of HBOS by Lloyds TSB.