
Barclays Pays £500 for Unfair BBL Denial, Later Approves Loan Nearly a Year After Bounce Back Loan Scheme Ended

Santander seized a Bounce Back Loan after reviewing turnover and usage, finding discrepancies. The Ombudsman dismissed the complaint, upholding the bank’s actions. […]
Fazilhaq Baig, director of Pizza Hot Ltd, faces a nine-year ban for exaggerating turnover to secure a £50,000 Barclays Bounce Back Loan and transferring it to himself. The disqualification highlights financial misconduct. […]
Chancellor Jeremy Hunt pledges relentless pursuit of Covid fraud funds, crediting Bounce Back Loans for powering the UK’s rapid economic rebound. […]
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