“We are delighted with the support we have received from Sir Tom Farmer. He knows the work of the Foundation extremely well, and understands the close and supportive relationship we have with charities across Scotland. Consequently he is ideally placed to understand the impact the loss of our funding would have on the many hundreds of local charities we currently fund and the people they support.
"We are also talking to Lloyds Banking Group about their non-inclusion of the Foundation in the last rights issue. If you would like to read media coverage from the weekend about this, click here.”