Are Britain's banks on the cusp of another mis-selling scandal? In April, the big High Street banks were ordered to pay out billions of pound in compensation to borrowers whom they pushed into buying unnecessary payment protection insurance (PPI). Now accusations are emerging that the banks adopted similar tactics against their business clients.

Loans to small and medium-sized businesses - so-called SMEs - are critical for the UK's economic recovery. So much so, that the government has set lending targets for the banks. But in recent years some businesses have found that their loans came with an important string attached: banks told borrowers that they must "hedge" their interest rate risk....Read more HERE