Clydesdale berated for ‘browbeating’ small business client

Clydesdale bank sign

AN INFLUENTIAL cross-bench group of MPs has accused Clydesdale Bank of being “completely unreasonable” after denying responsibility for the expenses a client incurred after her business was apparently forced into administration by the bank in order to chase itself for a £500,000 debt.

Clydesdale Bank, which was the sole lender to Dundee property business Fordlane, took action against the company after it breached the terms of its loans in 2016, eventually forcing the company into administration at the Court of Session in May 2017.

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