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Britannia Merger - YES result to vote

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Stuart_W
Stuart_W Posts: 1,794 Forumite
Part of the Furniture 1,000 Posts Name Dropper
edited 29 April 2009 at 3:07PM in Savings & investments
88% of savers and 86% of borrowers of voting members of Britannia Building Society, the UK's second largest building society, have voted to merge with Co-operative Financial Services, to become part of the largest consumer co-operative in the world.

http://www.crainsmanchesterbusiness.co.uk/apps/pbcs.dll/article?AID=/20090429/FREE/904299965/1012

Comments

  • MiserlyMartin
    MiserlyMartin Posts: 2,284 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Its sad times we live in. Bye Bye Brittania.
  • isofa
    isofa Posts: 6,091 Forumite
    Yikes, isn't that equivalent of being government owned just in another guise?! Co-op, funding Labour etc...
  • theGrinch
    theGrinch Posts: 3,133 Forumite
    Part of the Furniture 1,000 Posts
    grubby deal
    "enough is a feast"...old Buddist proverb
  • sons_2
    sons_2 Posts: 97 Forumite
    isofa wrote: »
    Yikes, isn't that equivalent of being government owned just in another guise?! Co-op, funding Labour etc...
    What?

    How can a private company owning another company be similar to government owned?
    I am a Financial Adviser.

    Anything posted on this forum is for discussion purposes only. It should not be considered financial advice. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser who can advise you after finding out more about your situation.
  • sons_2
    sons_2 Posts: 97 Forumite
    theGrinch wrote: »
    grubby deal
    Why do you think that?
    I am a Financial Adviser.

    Anything posted on this forum is for discussion purposes only. It should not be considered financial advice. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser who can advise you after finding out more about your situation.
This discussion has been closed.
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