National news today dominated by the likely merger between Lloyds and HBOS - but as Robert Peston at the BBC puts it, looks more like a "rescue takeover" to me?
... I do think that some serious consideration about the very local impact (here in Edinburgh) of all that's happening to the banking and finance sector is starting to look pretty urgent and possibly somewhat overdue?
Just look at Table 19, at the top of Page 13, in this publication ... over 83,000 of Edinburgh's workforce are dependant on employment within the 'banking, insurance, finance and business services' sectors ...
... that's just short of 30% of the whole city workforce - a huge concentration in one area of economic activity that is currently undergoing a period of massive flux.
Frankly, I'm not clear what the current Council leadership's position, or views, on all of this are?