Monday 30 March 2009

SNP ON DUNFERMLINE DEAL - JOBS CLARITY ESSENTIAL.



SNP ON DUNFERMLINE DEAL - JOBS CLARITY ESSENTIAL.
BROWN LETS DOWN LOCAL BUILDING SOCIETY Commenting on the sale of the Dunfermline Building Society to the Nationwide SNP Treasury spokesperson Stewart Hosie MP, said: “With the Chairman of Dunfermline branding this deal a “sacrifice” there are serious questions over how the society has been treated by the Treasury and the Financial Services Authority. “That the Dunfermline is being sold to a building society is welcome - but there remain fundamental concerns over the way this deal has been brokered and if it was necessary at all. “Their determination to push for a sale of the society and the spin and leaks over the last week are reminiscent of the way the Treasury behaved over HBOS and Lloyds. “The Dunfermline’s accusation that the Treasury and FSA offered them little more than tea and sympathy adds ever more evidence to the catalogue of failures by the UK Government.” SNP MSP for Central Fife Tricia Marwick said; “We must have clarity on the jobs guarantee. Nationwide have said all staff will transfer – but the Scottish Secretary has now said HQ jobs are not secure. For workers in Dunfermline and across Fife there is a need for this to be clarified. “While Gordon Brown has been jetting around the world, the building society on his doorstep has been let down by his government. “The Treasury’s refusal to offer a loan has seen the Dunfermline “sacrificed”. “The UK Government have split up and sold off the Dunfermline – handing over the strong elements of the society lock, stock and barrel to Nationwide. “The Dunfermline has a long, independent history as a mutual and has played a major role in Fife society. That must not be lost.”

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