As Guardian Care Homes and Barclays Bank settle their dispute, those in finance are left seeking clarification
By Natalie Singh
The outcome of the Guardian Care Homes case against Barclays Bank, alleging that the bank mis-sold the private care home £70m of interest rate swaps linked to Libor, was eagerly awaited by many in finance.
It had been dubbed as a possible test case for how the English courts would determine the liability of the banks for interest rate swap mis-selling and Libor manipulation, after Barclays was previously fined £290m for rigging the rate at which banks exchange money in a separate case. But the parties have settled their dispute, partly frustrating this thirst for clarity…
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And so it begins — first parts of the Anti-Social Behaviour, Crime and Policing Act 2014 coming into force on 13 May 2014
Provisions of the Anti-Social Behaviour, Crime and Policing Act 2014 are being brought into force in stages by way of ‘Commencement Orders’.
Poor care, unanswered requests for help, enforced incontinence and basic neglect are unfortunately all too common in the care of elderly people.