
HSBC Ordered to Pay £150 for Business Collapse After Bounce Back Loan Denial, Ombudsman Upholds Complaint

Directors caught transferring Bounce Back Loans to personal contacts face Insolvency Service bans. […]
Bhavanjeet Samra, director of Fleming The Jewellers Limited, faces a six-year ban for exaggerating turnover to secure a £50,000 Barclays Bounce Back Loan, despite repaying £22,913. The disqualification highlights misuse of funds. […]
NatWest took over a year to set up PAYG options, defaulting a Bounce Back Loan and involving debt collectors. The Ombudsman upheld the complaint, ordering reinstatement and £750 compensation. […]
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