Latest News


August 4, 2017

SMEs allege Clydesdale owner of TBL mis-selling

Litigation funder, Augusta Ventures, has committed to provide £2.75m to back a claim brought by SMEs against Clydesdale Bank owner, CYBG, over tailored business loan (TBL) […]
August 2, 2017

RBS makes slow progress in GRG compensation scheme

Royal Bank of Scotland (RBS) allegedly used their former turnaround division, the Global Restructuring Group (GRG), as a disguise to boost their own profits at the […]
July 28, 2017

Banks owe no ‘duty of care’ in IRHP mis-selling compensation scheme

The Court of Appeal has ruled that three major Banks owed no ‘duty of care’ to three small businesses when deciding the amount of compensation due […]
July 28, 2017

Lloyds compensates only five victims of HBOS Reading Fraud Scandal

Lloyds Banking Group have failed to compensate some of the 67 business owners left ‘cheated, defeated and penniless’ by the £245m HBOS Reading scam. Lloyds, owners […]
July 19, 2017

Merit for Autopilot Bond redress scheme for Private Banking customers

Seneca Banking Consultants (SBC) are calling for Royal Bank of Scotland (RBS) to establish a redress scheme for Private Banking customers, who were mis-sold Autopilot Bonds, […]
July 18, 2017

Nicky Morgan elected as Treasury Select Committee Chair

Nicky Morgan, Loughborough MP and former Education Secretary has been elected as Treasury Select Committee Chair (TSC), after Andrew Tyrie stepped down earlier this year.   […]