Nottingham hotel firm comes back from the dead
A Nottingham hotel company is being brought back to life by administrators after being mis-sold to by The Royal Bank of Scotland (RBS).
Administrators from Smith Cooper in Derby have taken control of The Lace Market Hotel Limited - now reinstated at Companies House as Company No. 03726341 - to consider an interest rate hedge product (IRHP) redress offer made from RBS.
The purpose of an interest rate hedging product (IRHP) is to enable the customer to manage fluctuations in interest rates. These products are typically separate to a... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
