Thornbridge Ltd v Barclays Bank plc

Bank – Banker/client relationship. The Mercantile Court dismissed the claimant's proceedings for negligence, breach of contract and breach of statutory duty against the defendant bank in respect of information and advice given in relation to an interest rate swap. As the bank had not given advice, its limited duty was not to misstate information and the single misleading statement made had not caused the claimant's loss.

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