It's a bit mixed this one.
Nationwide announce that it's going to "merge" (read: takeover?) Derbyshire and Cheshire building societies:
http://news.bbc.co.uk/1/hi/business/7603411.stm
Good news on the basis that it means that the Cheshire isn't going to fold completely, but bad news both long and short term for jobs.
I can't see them keeping two branches in Macc, I can't see the brand surviving at all, and then there's the question of what will happen to the head office.
Monday 8 September 2008
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