£50m milestone on mis-sold rate swap claims

INQUESTA HITS £50M MILESTONE

The value of compensation claims being pursued by forensic accountancy firm Inquesta for businesses which were mis-sold interest rate swap products has reached £50m.

Manchester-based Inquesta has seen the number of consequential loss claims it is handling surge from 50 to 67 in the past four months.

The total value of Inquesta’s caseload has rocketed over the period from £12.3m to £50.5m, and the firm has recruited two members of staff and a consultant to meet the increased demand …

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