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UK government questioned over Dunfermline Building Society collapse

Even though the Dunfermline Building Society has been chopped up and sold on there are still rumblings north of the border at the way the rescue was administered. Scottish MPs are still furious that the largest building society in Scotland was not afforded the same level of funding that UK banks have received and was effectively split up and sold off at the drop of a hat.

Even though the Nationwide has taken on the retail business, there are still short to medium-term concerns about the prospect of further job losses in Scotland's finance industry. The last 12 months has seen a significant fall in employment in Scotland's financial sector with the demise of the Royal Bank of Scotland placing many jobs at risk now and in the future. Whether the UK authorities will be able to offer any guarantees at this moment in time is very debatable.

There are some concerns that the UK government is using the ongoing economic crisis in the UK to highlight the fact that an independent Scotland would have struggled on its own. Even though the SNP is adamant it will push for independence at every opportunity there has been a significant shift in potential voting patterns in this area with fewer people now in favour of the move.

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