Finance

40,000 plus businesses have been affected by interest rate swap mis-selling, with some of the victims having consequences dating back for years.

A Personal finance blog which helps to save and grow money. Find useful tips and resources to grow your money and live a wealthy life.

The biggest test case against Barclays for allegedly manipulating the Libor rates has been suspended until April 2014. The plaintiff in the trial, Guardian Care Homes (GCH), called it a last gasp and desperate move by Barclays to avoid justice.

Media centre - Financial blog Friday 10th May 2013 With the slowing growth of the developed nations, more investors are turning to emerging markets for the highest return on investment. Gradually, low-income and emerging nations have established the physical infrastructure, economic support and are now adding technology and knowledge to improve their development.

The Financial Conduct Authority (FCA) has continued its review on financial advisers. The "trust" required for any banking sector to function properly must be re-established. In 2013, the FCA has increased educational requirements and expanded its ban on commissions. Stiff Upper Lip More British citizens are blaming the High Street banks for the Credit Crunch of 2008.

Derivatives may be one of the most complicated financial investments on the market. The Financial Conduct Authority (FCA) has created a chart to help consumers, barristers and bureaucrats understand whether a potentially mis-sold Interest Rate swap Hedging Product (IRHP) can be reviewed.

More small businesses and companies have decided to transfer their businesses away from traditional high street banks to alternative lending options including Shawbrook and Aldermore. According to figures recently published by the Bank of England, the amount of money lent to smaller firms by the primary high street banks dropped by nearly one billion pounds in April.

The UK's deficit on seasonally adjusted trade in goods and services was £2.6 billion in April 2013. The deficit on trade in goods was £8.2 billion. The surplus on trade in services was estimated at £5.6 billion. UK Trade shows the extent of import and export activity, a key contributor to the overall economic growth of the UK.

Frequent reports have highlighted the problems faced by small and medium sized businesses, commonly known as SMEs, who have been mis-sold interest rate swaps. The topic becomes especially sensitive when one considers that SMEs have been projected as being solely responsible for lifting the UK out of its current recession.

Commercial Bridging Loan for Florist Greenfield Capital was pleased to arrange for a very satisfied client. He wanted to move his established florist business around the corner into a vacant shop. A better position for the business with a larger window frontage.

Whether you have completed your IVA or you are still in your IVA, making a mis-sold PPI claim is still possible. However, there are differences between the two situations. In one situation, you will be able to keep the compensation you receive from a successful claim.

Maple Leaf Financial have been dealing with mis sold Financial products for the past 10yrs, thats right, financial product mis-selling has been going on for a very long time by banks and financial institutions.

If you're planning to build a house or change the roof design, you will need to secure planning permission before starting. Failing to do so could get you in hot water. You could be fined and in extreme cases, the government planning bodies could demand that you tear down the development.

Sesame, one of Britain's largest financial firms has been fined £6 million by the Financial Conduct Authority for mis-sold financial products. Tens of thousands of people lost out when the investment firm Keydata used their clients' cash to purchase bonds which they used to fund the purchase of bundles of US life insurance policies.

The Financial Ombudsman has reported that they are still recieving around 2000 PPI complaints per day. There has been a decrease in the number of PPI complaints made in 2013 vs the same period in 2012, but 2000 PPI complaints per day is still a significant number of complaints to be processed.

Barclays is to pay £1.5 million in compenation for a mis-sold interest rate swap according to the Guardian. The case has been in court for the past 3 years over an interest rate swap sold to a holiday resort owner in Cornwall.

Greenfield capital completed a £1m property development last week for a client who was converting a Grade II listed building into 19 apartments, which were a mixture of 2 and 3 beds.

This article pretty much highlights the risks that come with going over term on a bridging loan and the fact there are some unscrupulous lenders out there. Bridge a bridge to avoid expensive penalties... A client came to us directly as he urgently needed a bridging loan to repay an existing bridging loan he had, otherwise he would have incurred large penalties.

Maple Leaf Financial has been dealing with mis-sold financial products for consumers for the past 10yrs. Maple Leaf Financial is based in the Midlands making it ideal to serve clients in the Midlands and the UK. Most of our clients had no idea there was a problem with their policies or investments before they spoke with us.

Maple Leaf Financial have a specialist team of solicitors dedicated to dealing with mis-sold investments from, PEP's, ISA's, whole life policies, see list below. We are happy to review these Investment products and to claim compensation for our clients where appropriate. Each investment case is different and they are all assessed individually.

The Bridging Loans market will have financed more then £2bn in short term financing by the end of 2013. Annaul lending has grown by 9% in the 1st quarter and by 39% the 2nd quater of 2012. Bridging lenders are increasingly willing to lend to Businesses for cash flow, stock.

It's no secret that the global economy is at a moment where lending itself is relatively rare and hard to secure, let alone financing to develop a new property amid a global property market that has experienced nearly a half-decade of downward valuation.

Natwest Bank in London has begun a direct redress program for those small businesses affected by several interest rate swap products. These interest rate swap products or structured collars were sold to small businesses as a hedge against any risk associated with the interest rate markets.

The FCA has confirmed that they are investigating two Banks for mis-handling PPI Claims. This comes after a report last week that the Financial Ombudsman (FOS) has seen an increase of PPI complaints being filed with them. PPI complaints that are rejected by Banks are typically sent to the FOS for review.

The interest rate swap mis-selling fiasco has garnered a lot of attention during the past year. Over 12 months after the first cases went up for review, the claimants are just now receiving the compensation they deserve.