To anybody interested in or following the Longbridge Trust Fund saga - this should make an interesting read. It is a letter from John Towers to Richard Burden MP.
Mr Towers touches on a number of points. Firstly, how £12.5million is locked up in the HBOS bank account which Mr Towers claims should be given to the workers. He says the bank made an 11th hour claim on this money in return for money owed - and that as the bank is part Government owed, the Government should intervene and push that this money is given to the workers.
I will look into the situation regarding HBOS and provide updates via this website.