In amongst the turmoil in the financial markets this week, the face of British banking – and the high street - changed forever when Lloyds-TSB announced it was to takeover Halifax Bank of Scotland to create the UK’s first ‘superbank’. The government even had to turn a blind eye to laws which, in any other week, would have prevented the takeover due to its ‘anti-competitive’ nature. But how worried are you by the creation of a banking giant?

Yes...it does worry me.

Lloyds TSB were arrogant and dictatorial in banking practice and their customer service was apathetic to say the least.

God help the public, now that they are even larger.

After this merger with HBOS I expect that the CEO's yearly bonus will be astronomical.

There is a concern here, certainly - a relative has had really bad service from HBOS over the past few years. Personally was very happy with TSB when I used them at one time, but most high street banks could do with a shot of real customer service training. (Except Clydesdale, which is amazing).

But the risk of another Northern Rock was too great - remember that was the crisis which wasn't. NR had the lowest default rate of any lender - their problems were not bad lending, but lack of ability to continue to borrow to fund their lending. Not sure if this is true of HBOS, haven't followed it closely enough, but I suspect it may be a significant part of the problem.

And Lloyds-TSB certainly need to wantch that CEO bonus.