swaps

The Guardian recently published an article titled 'Rape culture at university needs urgent action' which opened with the author, a Cambridge fresher, describing various dreadful incidents her friends had experienced at university, namely drink spiking, sexual assault, and most tragically, rape. So far, so fair...
Following on from my most recent two blog posts (here and here) on the subject of the ongoing interest rate swap mis selling
Despite setting aside almost £3 billion to compensate businesses affected by the interest rate swap mis-selling scandal, the full bill Britain's banks must pay for mis-selling swap products won't be known for some time.
According to the FCA, more than 25,000 sales are in the process of being assessed by the banks and the first letters offering compensation have been sent out. The FCA expects most customers will be informed of the result of their review and of any possible basic redress (the repayment of the sums paid by the customer under the 'swap') by the end of the year.