Rumours of Scottish Widows sell-off, again - papers 21st August

SCOTTISH WIDOWS and its place inside the Lloyds TSB Group is at the centre of takeover rumours again, says this morning's Scotsman newspaper, but it is this time suggested Prudential is keen to buy the Edinburgh-based life company. Sources have told reporters at the Scotsman that meetings took place last week between officials from all three companies for what could be a multi-billion pound sell-off. The Scotsman points out that it is affecting staff morale, as it was only recently suggested that it might be Scottish Widows Investment Partnership that may be up for sale. THE...