Even Bradford & Bingley's most senior Press Officer doesn't know what's going on! Asked by this column to explain why shareholders weren't even consulted about the takeover, and to say what has happened to the shares that almost a million of us still hold, this is all she could say:
Afraid I can't answer all your questions as we have not been updated by the Bank of England. the reason why shareholders haven't been consulted is because the Government has taken us over and they seem to put savers and borrowers ahead of shareholders. if you'd like further information i suggest you contact either the Chancellor or the PM.
Nickie Aiken
Head of Group PR
Bradford & Bingley plc
That's the equivalent of shrugging and saying "God knows". Or in this case, Gordon.
So we shareholders still don't know whether the shares we held that were worth 20p each on Friday are now worth anything at all.
I trust readers of this column will rermember this debacle should they ever be tempted to buy shares in any company again.
Jon McKnight
Author of Sort The Bastards!
