HBOS and an idiot

It is almost unbelievable that a Minister would leak details of a highly sensitive financial transaction.

That the Secretary of State for Scotland would leak details of a potential bid for HBOS which is at the very earliest stages is just beyond the pale.

The bidders were apparently sounding out the UK regulatory authorities (Gordon Brown rather than the Bank of England!) before discussing the matter with their own regulators.

If they haven't been almost scared off by this ineptitude and blatant party political manoeuvring, I will be astonished.

Either way, Jim Murphy has proved himself to be a Grade 1 tosser, and deserves every kicking that comes his way. Sacking is not going to happen, but it is exactly what he deserves.