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French v Barclays Bank plc

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collapsed. By October 1989 the valuers said the Radley house was worth £150,000, when he had been trying to sell it for £195,000. The bank changed its policy and withdrew the loan. Mr French argued that withdrawal of the loan was a breach of contract. Lord Lester QC represented Mr French.
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Waller LJ held that the loan scheme was non-contractual and discretionary. Nevertheless the withdrawal of the scheme was likely to destroy trust and confidence. Accordingly unilaterally changing the workplace practice was a breach of the implied term of
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said he would get a discretionary interest free bridging loan to let him complete the purchase of a new house before selling the old one. But, sadly, the
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that is implied into every individual contract of employment, and a unilateral change to a workplace practice can breach that contract.
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EWCA Civ 1092
Employment contract
EWCA Civ 1092
UK labour law
contract of employment
mutual trust and confidence
Oxfordshire
Essex
Radley
Billericay
Barclays Bank plc
housing market
mutual trust and confidence
v
t
e

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