Angry haulier flies Down Under ... to Yorkshire bank AGM

A HAULIER who blames CYBG for the collapse of his business last night embarked on a £1,400, 21,000-mile round trip to Australia to grill bosses at the bank.

David Taylor, 54, is flying to Melbourne, where the banking group is holding its annual shareholder meeting on Wednesday at 10am local time. He is teaming up with Ian Lightbody of the NAB Customer Support Group, which was set up by owners of small and medium-sized enterprises who claim their businesses were ruined by loans issued by Clydesdale and Yorkshire banks. Lightbody, a Scot, bought two shares in CYBG last week to ensure they can attend the AGM.

The Mail on Sunday reported last week that CYBG – which was spun off by the National Australia Bank (NAB) in 2016 and has a large shareholder base Down Under – is braced for a revolt against executive pay at the AGM.

Taylor and Lightbody took off from Glasgow at 9pm last night and return on Thursday. Oldham-based Taylor claims he was misled by Yorkshire Bank in 2007 when he bought land to build a depot for £2.3million. He claims the bank knew the land was actually worth £800,000 and says this led to the collapse of his business, named Tesco’s primary haulier of the year in 2015. CYBG denies wrongdoing.