Latest News


August 28, 2015

Interest Rate Hedging Product Mis-selling – Banks Keen to Settle Billions

28 Aug 2015 The Interest Rate Hedging Product (‘IRHP’) mis-selling scandal is costing Britain’s banks billions of pounds and looks likely to continue for a long […]
August 11, 2015
Mis-sold IRHP Seneca Banking 50m Compensation | SBC

Clydesdale and Yorkshire Bank set aside £80m for IRHP mis-selling

11 Aug 2015 Clydesdale and Yorkshire Bank have set aside a further £80 million in compensation provisions for Interest Rate Hedging Product (IRHP) mis-selling. This announcement […]
May 7, 2015

Clydesdale Bank set aside additional £1.7bn for mis-selling provisions

07 May 2015 National Australia Bank, owners of Clydesdale Bank plc has been instructed by the Prudential Regulation Authority to set aside an additional £1.7bn for […]