Hunger strike businessman John Guidi ‘hopeful’ after meeting with Clydesdale boss

David Duffy CEO CYBG, Clydesdale Bank

A businessman who went on hunger strike to protest against the handling of his business loan repayments is “hopeful” of progress in his case after meeting Clydesdale Bank chief executive David Duffy.

John Guidi had been camped outside the lender’s headquarters in Glasgow since Sunday to campaign against Clydesdale Bank and Cerberus Capital Management with his case raised in the House of Commons this week.

The 63-year-old, who built a portfolio of around 150 properties in Scotland, blames the bank for changing the structure of his loans and selling his debt to American private equity firm Cerberus, which is said to have put his company into receivership.

Read more

in News

This website places cookies on your device. Refer to our Cookie Policy to see how we use cookies. By continuing to use the site, we’ll assume that you are happy for us to set these on your device. Find out more.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.