media centre

How many times have you wished you'd had the benefit of foresight or hindsight when making business decisions? Speak to one of our experts today.

Noel Edmonds coming to Birmingham

In March Noel Edmonds will be visiting Birmingham to talk through his battle for compensation against HBOS and their parent entity, the Lloyds Banking Group. He asserts that bank fraud was involved and the subsequent events destroyed his business. 

The Deal Or No Deal presenter will appear at the MAC Birmingham as a special guest of the makers of a film entitled, Spank the Banker. As such he will be available for a Question and Answer session.

The film, taking it's title from Deal Or No Deal, has been directed by Samir Mehanovic and explores the bank bail outs of 2008. Edmonds is amongst those listed within the documentary and is claiming ​£64 million in damages as a result of the failure of his business as part of a wider £245 million loans scam.

Mehanovic commented, "My films are about exposing injustice while giving the victims the dignity of speaking for themselves. The film follows the stories of six ordinary but courageous individuals who fought back."

HBOS has set aside £100 million to make reparations and it is believed that at least £75 million has already been paid out. The current compensation payments do not include specific settlements and as such Edmonds' claim is expected to be dealt with separately.

The company has commented that it has made "determined efforts" to reach a resolution with Edmonds via mediation. At this point his wider legal action is subject to court action.

A spokesman for the Lloyds Banking Group said, "We continue to make good progress compensating the approximately 70 customers impacted by the fraud at the HBOS Impaired Assets office based in Reading. We have now provided outcomes to more than 95% of customers in the review and more than 90% of these offers have been accepted."

Mr Edmonds said, "I think the chances of a negotiated settlement are very, very slim, and I suspect that their very expensive lawyers will try and drag this out now for the next couple of years. But I’m up to it and I know that we are going to win in court. I have the damning evidence.”

Mehanovic’s co-producer George Kerevan, a former MP who chaired the All Party Parliamentary Group for Fair Business Banking, said: "The regulatory authorities do nothing. Spank the Banker is going to send the culprits to jail."

The film will be screened at 2pm on Sunday, March 17.

For confidential legal advice call our team of specialist solicitors on 0844 556 3525.

 

 

 

Close

How can we help?

Please fill in this form and we'll get back to you as soon as possible.

Please enter your name
Please enter your phone number
Please enter your email address
Please let us know how you heard about us
Please enter your enquiry
One more thing... Please enter the verification code

We’ll only use this information to handle your enquiry and we won’t share it with any third parties. For more details see ourPrivacy Policy.