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McCarthy & Stone scrambles for funding

Scotland's richest businessman, Sir Tom Hunter, and beleaguered banking group HBOS could be among the big losers as retirement home developer McCarthy & Stone scrambles for future funding amid the tightening stranglehold of the credit squeeze.

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MARK SMITH, Deputy Business Editor

Scotland's richest businessman, Sir Tom Hunter, and beleaguered banking group HBOS could be among the big losers as retirement home developer McCarthy & Stone scrambles for future funding amid the tightening stranglehold of the credit squeeze.