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    Halifax Building Society Archived Message

    Posted by Mary on April 25, 2020, 3:58 pm

    A letter came today saying the interest rate on savings in an ISA is being reduced in July from 0.2% to O.1%.

    The chairman of Lloyds Banking Group who acquired HBOS is Lord Blackwell. Never heard of him. A Tory peer needless to say.

    All the usual connections - KPMG, McKinsey, Interserve, multiple other directorships. So a 0.1% interest rate won't bother him.

    The CEO is António Horta-Osório. Goldman Sachs to Santander to.. Etc etc
    https://en.wikipedia.org/wiki/Ant%C3%B3nio_Horta-Os%C3%B3rio_(banker)
    Salary £6million

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