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Scottish SMEs join English counterparts in legal claims against Clydesdale
By Kristy Dorsey
Scottish firms claiming to have been mis-sold complex business loans by Clydesdale Bank have been told they can join hundreds of other SMEs in taking their case against the banking group to the High Court in London.
The claims relate to “tailored business loans” (TBLs) and fixed rate loans sold to customers of the Clydesdale and Yorkshire banks between 2001 and 2012, when they were owned by National Australia Bank (NAB).
The British banks were sold to Virgin Money in 2016, and are due to be rebranded to the Virgin Money name by the end of next year.  It is claimed the banks unfairly demanded break costs from borrowers who sought to terminate their loans early. It also claimed the bank inflated the fixed interest payable without first informing customers.  ....

United Kingdom , North Yorkshire , Daniel Hall , National Australia Bank , Clydesdale Or Yorkshire Bank , Virgin Money , Case Management Conference , All Square Financial , Hall Square , Yorkshire Bank , ஒன்றுபட்டது கிஂக்டம் , வடக்கு யார்க்ஷயர் , டேனியல் மண்டபம் , தேசிய ஆஸ்திரேலியா வங்கி , சிலிடெஸ்ட்லே அல்லது யார்க்ஷயர் வங்கி , கன்னி பணம் , வழக்கு மேலாண்மை மாநாடு , அனைத்தும் சதுரம் நிதி , அனைத்தும் சதுரம் , யார்க்ஷயர் வங்கி ,