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Snowmail: bank merger opposed

Updated on 08 November 2008

By Carl Dinnen

On tonight's show...

Carl Dinnen here with what we're planning for 6.35 this evening.

Two former bankers have written to HBOS rubbishing their merger with Lloyds, suggesting the men running HBOS resign and volunteering to do the jobs themselves.

HBOS have rejected their kind offer. But the writers have such stature - former Chief Executives of HBOS and Royal Bank of Scotland - that they are being listened to.

Their basic premise is that the financial world has so completely changed since the merger was agreed that it no longer makes sense. I've been talking to one of them: Sir George Mathewson.

Government to slash taxes?

Sticking with finance - sorry, I know it's Saturday but you'll like this one - there are whispers that a whopping great tax cut might be on the way.

After the big bail out and the great rate cut will the government slash taxes to soften the looming recession? Can they afford to? Faisal Islam will explain.

Search for survivors

From Haiti we'll have the latest on the desperate search for survivors of the school which has collapsed there.

Peacekeeping in Congo

Our team in Congo have been talking to the UN chief in the area around Goma where tens of thousands of displaced people are on the move, threatened by rebels, and seemingly unprotected by the UN's peacekeepers. 'We can't be everywhere at once' he tells us.

Supporting the armed forces

And with Remembrance Sunday tomorrow we've been looking at whether support for the armed forces has grown since General Dannat's speech about the dangers of a gulf between the military and the general populus.

There certainly seem to have been a lot more homecoming parades since he suggested them and this year's poppy campaign has been more successful than ever.

Watch More4's report on why, for Britain, the second world war is much more than a historical event here: http://tinyurl.com/6dkczu

Not sure how all that will squeeze into the programme along with the sport but you can watch us try.

Carl

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