Regulator Andrew Bailey has been toothless over Clydesdale mis-selling claims, say MPs

Clydesdale Bank sign

The boss of the City watchdog has been accused of neglecting small-business owners allegedly mis-sold loans by Clydesdale Bank.

Andrew Bailey, head of the Financial Conduct Authority (FCA), failed to “press the case for justice and compensation” for thousands of companies, many of which went bust, according to the MP in charge of the parliamentary group on fair business banking.

Read the full story

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.

Close