Gulf petrodollars help UK go green (Guardian Unlimited)

November 3, 2008

Gulf petrodollars help UK go green (Guardian Unlimited)

Gulf petrodollars help UK go green (Guardian Unlimited)
The fight against climate change will get an unexpected boost today from oil-rich Gulf states which will pledge to invest some of their petrodollar profits in British green energy projects. The surging oil price over the past year has left parts of the Middle East awash with cash as the rest of the world is squeezed by the credit crunch, making Arab royals some of the few active investors …

Lloyds-HBOS deal on track (AFP via Yahoo! UK & Ireland News)
The massive takeover of troubled British bank HBOS by rival lender Lloyds TSB remains on track, HBOS said in a statement on Monday.

Bank of Scotland job fears over Lloyds £1.5bn merger savings (The Herald)
Fears over job security at banking giants HBOS and Lloyds TSB mounted today after cost-cutting targets from their merger were hiked to more than £1.5 billion.

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