ref date:23 Jun 1999 (ECON)
Scottish Widows pension SELLING OUT to London
Mike Ross, the chief executive of the OLD (1815) Edinburgh based Scottish
widows financial institution ($60 billion in funds) is trying to cut
a deal with LLyods TSB (London based) to sell of the company he leads.
Ross was one of the loudest MOUTHS in the early days after the vote for
devolution was announced saying how his company may move SOUTH if Scotland
were to vote SNP and go independent. Well, he is pushing for that now even
though Scotland is bound into a ridiculous, so called devolved state.
If this deal is approved Ross will be selling out his investors, his company ethos and the Scots in general.
WHY WAS HE SO ANTI-INDPENDENCE? THE SCOTTISH PARLIAMENT MUST BE TOLD NOW WHAT ROSS STANDS TO GAIN (IF ANYTHING) IF THE DEAL SHOULD GO THROUGH.
Would the SNP, if it controlled the parliament have even permitted these talks?
I doubt it.