Tesco Personal Finance has terminated its strategic alliance with Scottish Widows, now owned by Lloyds TSB, over what Tesco describes as a possible banking security issue.

Tesco's personal finance division is jointly owned by Royal Bank of Scotland and Tesco, while Lloyds TSB acquired Scottish Widows last summer.

Pirkko Juntunen

Lloyds TSB

Tesco

Royal Bank of Scotland

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Tesco drops Scottish Widows

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