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.