
Barclays Seizes Bounce Back Loan for Late Company Formation, Ombudsman Dismisses Complaint

Two directors face bans: one for transferring £14,000 from a Barclays Bounce Back Loan to a family member, and another for inflating turnover to secure a loan. Explore their misconduct. […]
NatWest mishandled a Bounce Back Loan application, causing delays and distress. The Ombudsman upheld the complaint, ordering £250 compensation for the bank’s errors. […]
A Coventry director who overstated turnover to secure a £50,000 Barclays Bounce Back Loan faces a 9-year ban starting today. Learn about this case of financial overstatement. […]
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