If you have an account with Alliance & Leicester it might be time to start looking around at other accounts and possibilities.
Santander, the company that own the Abbey National, have made a takeover approach for the A+L. From my experience with the Abbey since Santander took over the service, reliability and operation of the bank has gotten to an all time low over the course of my time with them (18 years). If Santander bring the same skills and mindset to A+L if they manage the takeover then the only winners will be competitor banks you can move your business to.
Santander Makes A&L Bid Approach (BBC News; Monday 14th July 2008)
Santander, the company that own the Abbey National, have made a takeover approach for the A+L. From my experience with the Abbey since Santander took over the service, reliability and operation of the bank has gotten to an all time low over the course of my time with them (18 years). If Santander bring the same skills and mindset to A+L if they manage the takeover then the only winners will be competitor banks you can move your business to.
Santander Makes A&L Bid Approach (BBC News; Monday 14th July 2008)
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angusabranson- Angus Abranson
- Chronicle City
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Its even more surprising when you discover that the half-rate Spanish telecoms company Telefonica have owned O2 (yes the mobile phone network) for several years now. Even moreso when you realise what a poor service that Telefonica offer its customers.
When did Spain become a global economic power? (And its nothing to do with winning a Euro Cup Final!)