
NatWest Issues Wrong Loan Type, Ombudsman Dismisses Turnover Complaint

NatWest has filed a series of High Court winding-up petitions targeting companies suspected of misusing government-backed loans, following similar moves by Barclays, Lloyds, and Starling Bank. With a surge in recent filings, businesses are urged to check if they’re named in these legal actions, as the clampdown on loan misconduct intensifies. […]
A Barclays customer complains about the bank’s failure to switch his Bounce Back Loan direct debit to a new account; Ombudsman grants £200 compensation. […]
NatWest offered £400 for a Bounce Back Loan-related issue. The Ombudsman dismissed the complaint, finding no grounds for additional action. […]
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