Latest News


August 27, 2013

Business the first to receive compensation for mis-sold interest rate swaps – a year after payouts were ordered

The first compensation payment for a firm mis-sold an interest rate ‘swap’ has been made – more than a year after the regulator ordered the banks […]
August 15, 2013

New stats raise fresh concerns over FCA’s early warning powers

New stats raise fresh concerns over FCA’s early warning powers New figures showing the financial regulator dropped one in four investigations after the point at which […]
August 14, 2013

Horticulture hit by protection policy mis-sales, says Seneca Banking Consultants

Seneca Banking Consultants has been featured in Horticulture Week discussing how garden centres and other horticulture businesses have been affected by mis-sold swaps and other mis-sold interest rate […]
August 14, 2013

Farmers face long wait for bank IRHP mis-selling deals

Farmers mis-sold interest rate hedging products (IRHPs) are having to endure many months’ wait before their banks make offers to resolve the financial problem caused by […]
August 8, 2013

Bank of England governor calls for change in banks’ culture

There must be a change of culture in “socially useless” banks that disconnect themselves from the real economy, the Bank of England governor Mark Carney has […]