Chairman`s Anger: Is Dunfermline Building Society A Victim Of The Treasury?

A building society chairman has complained bitterly of his institution being needlessly "sacrificed" by the Treasury.

Jim Faulds, chairman of the Dunfermline Building Society, said the institution's imminent takeover was both unnecessary and a "scandal".

Mr Faulds insisted the Dunfermline had a viable long-term future, claimed its problems were not as bad as portrayed, and accused Chancellor Alistair Darling of being badly briefed.