.jpg)
It could be well over a year before HBOS staff in the Isle of Man find out if they've still got jobs, according to Director of Isle of Man Finance John Spellman.
He also believes they haven't got too much to worry about, following news of a £12 billion takeover of the group by Lloyds TSB.
Clerical Medical and Bank of Scotland International both employ staff in the Island and both companies are owned by the HBOS group.
Those employees will be worried about their jobs, but Mr Spellman says the takeover shouldn't affect them too much (audio file attached):
(Picture: John Spellman).
Isle of man launches fourth annual Innovation Challenge
2025 Year of Stamps Marked through Isle of Man Year Collections
Market for Manx produce has "shrunk significantly", says MNFU
Company behind offshore windfarm plans 'confident' solution can be found as MOD submits objection
