
Barclays Ordered to Pay Increased Compensation for Bounce Back Loan Appointment Error, Ombudsman Upholds Complaint

Complaints against HSBC, Barclays, TSB, NatWest, and Lloyds for Bounce Back Loan issues were dismissed by the Ombudsman, upholding the banks’ actions. […]
Asim Mohammed, director of Frozen Beverages Ltd, has been disqualified for 10 years for exaggerating company turnover to obtain a £50,000 Barclays Bounce Back Loan. The ban, effective immediately, follows an investigation into misuse of government-backed financial support. […]
A director who overstated turnover to secure a Barclays Bounce Back Loan faces a 10-year ban, with the liquidator deeming recovery unlikely. Learn about this unrecoverable misuse. […]
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