In early May, the government launched the Bounce Back Loan Scheme (BBLS) to support SMEs struggling with cashflow as a result of the coronavirus pandemic. The loan has a flat interest rate, no upfront fees [...]
See our quotes in The North West Business Insider July 2014 edition in the interest rate swaps feature. You can see the article at http://stonewa.sh/north-west-business-insider/north-west-business-insider-july-2014
INQUESTA HITS £50M MILESTONE The value of compensation claims being pursued by forensic accountancy firm Inquesta for businesses which were mis-sold interest rate swap products has reached £50m. Manchester-based Inquesta has seen the number [...]
We have written on numerous occasions about the importance of involving a specialist forensic accountant to quantify consequential losses in relation to Interest Rate Swap claims. Never has this been more important and if [...]
It was reported in the news yesterday that Barclays has recently offered the highest payment so far to a victim of a mis-sold interest rate swap. The offer relates to the sale of a [...]
As a forensic accountant, Inquesta has been involved in interest rate hedging claims for the last 12 months instructed by solicitors, but also acting for individuals and companies. Interest rate hedging products, or swaps [...]
An interest rate swap enables the banks to exchange fixed rate interest for variable rate interest over a set period of time. A company typically uses interest rate swaps to limit or manage its [...]
In the last few days, the big four banks, Barclays, Natwest, Lloyds and HSBC have admitted to mis-selling interest rate swaps to small and medium sized businesses. An interest rate swap enables the banks [...]