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| Building society in crunch talks | Building society in crunch talks |
| (40 minutes later) | |
| Talks to safeguard the future of the Scotland's largest building society are to continue. | |
| It emerged at the end of last week that the Dunfermline Building Society was in serious trouble and facing multi-million pound losses. | It emerged at the end of last week that the Dunfermline Building Society was in serious trouble and facing multi-million pound losses. |
| The society, which has 34 branches across the country and almost 500 employees, was founded 140 years ago. | The society, which has 34 branches across the country and almost 500 employees, was founded 140 years ago. |
| It made £2m profit in 2007 but it is now understood that the mutual is having problems with its cash flow. | It made £2m profit in 2007 but it is now understood that the mutual is having problems with its cash flow. |
| There has been speculation that it could announce losses of up to £26m. | There has been speculation that it could announce losses of up to £26m. |
| Both Scottish Secretary Jim Murphy and the Deputy First Minister Nicola Sturgeon have pledged that their administrations will do whatever they can to help. | Both Scottish Secretary Jim Murphy and the Deputy First Minister Nicola Sturgeon have pledged that their administrations will do whatever they can to help. |
| It is understood the Scottish Government has discussed the provision of about £25m to back the Dunfermline's involvement in social housing, which is a devolved responsibility. | It is understood the Scottish Government has discussed the provision of about £25m to back the Dunfermline's involvement in social housing, which is a devolved responsibility. |
| In a statement, the building society said "It is not our policy to comment on rumour or speculation. | In a statement, the building society said "It is not our policy to comment on rumour or speculation. |
| "We will continue to look after our members' best interests and it's very much business as usual." | "We will continue to look after our members' best interests and it's very much business as usual." |