You may recall that in the spring I highlighted the plight of Adcocks, a small electricals retailer in Norfolk, brought to the brink of collapse after it bought one of the notorious structured collars from Barclays.
It had one employee too many to be considered a retail customer, so it is not clear whether in future Barclays would be banned from selling this hedging product to the likes of Adcocks or whether the owner Paul Adcock will be able to escape from the financially crippling contract.