Category: Alison Loveday / Berg


The FCA is still leading businesses up a blind alley

Alison Loveday Managing Partner, Berg The issue of how our biggest banks are treating small businesses continues to cause controversy. Last week, saw Rhino Enterprises try to force Barclays to explain why it pushed the business into administration, while the…

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Small companies ‘priced out of the system’ by law fees increase

The Times James Hurley Published at 12:01AM, July 20 2015 Rob Law has spent “hundreds of thousands of pounds” defending his company, Trunki, which makes children’s ride-on cases Gareth Iwan Jones The cost of justice is in danger of allowing…

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Barclays fined record $2.4bn over forex fix

Barclays paid $2.38bn to the regulators, including £284m to Britain’s financial watchdog Matt Dunham/AP The Times Harry Wilson, City Editor, and Alexandra Frean Published at 12:01AM, May 21 2015 Six of the world’s largest investment banks, including Barclays and Royal…

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Lloyds alleged to have ‘artificially distressed’ small business customers

Financial Times May 17, 2015 8:14 pm Jane Croft Lloyds Banking Group “artificially distressed” small business customers after they were “cynically” transferred to a support unit as banks sought to bolster their own balance sheets in the wake of the financial…

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RBOS & Nomura Breaking Laws in the Mortgage Bubble

The New York Times By THE EDITORIAL BOARD MAY 15, 2015 The government won a big victory this week in a case against two banks that were found to have systematically deceived investors about shoddy mortgage securities they peddled during the…

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RBS stands accused of forcing companies into default to improve its balance sheet

  The Times Published at 12:01AM, May 7 2015 The language of finance can be arcane but the business of commercial banking is simply defined. Banks put together people who have capital and want a return on it with businesses…

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Register your GRG complaints with BERG – A message from Alison Loveday

GRG Disbanded – Berg is ready to receive your GRG complaints and has litigation funding available Hot off the press on 08/08/14 is the news that GRG has been disbanded, and Derek Sachs is “moving on”.  It would appear that the…

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£17m bonuses for ‘thieving’ RBS loan unit

Jason Allardyce and Iain Dey Published: 27 July 2014 THE taxpayer-owned bank RBS has awarded bonuses worth £17m to bankers in its controversial “turnround” unit, which has been accused of killing off small businesses for profit. Vince Cable, the business…

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7 Things RBS Hoped You Would Not Notice In Its Clifford Chance Report

The Royal Bank of Scotland welcomed a report it commissioned by Clifford Chance which found “no evidence” that it tried to systematically defraud small firms. CEO Ross McEwan said: “We could not let this allegation hang over us. That’s why…

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Alison Loveday speaks to BBC Radio 4 in their investigation into RBS

Last month a report by a government advisor, Lawrence Tomlinson, accused The Royal Bank of Scotland of forcing some viable businesses into insolvency. The Bank has denied Tomlinson’s claims and has asked a leading law firm to carry out an…

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