Should I leave my money in the Halifax ?
It looks like 20 million savers are likely to be affected by the takeover by Lloyds of HBoS ( Halifax and Bank of Scotland ).
But what does it really mean to you and is your money safe? Who is likely to be affected ?
Well if you have less than £35,000 you will be fine HBOS is a monster bank, but if you have more than £35,000 you need to know that :
Birmingham Midshires building societies,
Bank of Scotland,
but what if you have savings in
If the sum of your wealth is great than £35,000 in the above companies you might want to spread it around a little, but should you be standing outside any of the HBoS branches, I don’t think think they are really really top big to fail, but then again I’m a Leeds United fan and I said we were too big a club to go down, if any one see Ken Bates opening a Hbos account let me know…