Santander Declines Bounce Back Loan for Unreadable Tax Return, Ombudsman Dismisses Complaint
Special Reports
Metro Bank Customer Claims Bank Failed to Process Cheques for Bounce Back Loan Payments While Abroad, Leading to Default, Ombudsman Rejects Complaint
A Metro Bank customer’s company was defaulted on its Bounce Back Loan after the bank failed to process repayment cheques sent from abroad. The Ombudsman sides with the bank, dismissing the complaint. […]
Special Reports
Barclays Shuts Customer Account, Demands Full Bounce Back Loan Repayment, Ombudsman Upholds Bank’s Terms
Barclays closed an account and demanded full BBL repayment, and the Ombudsman backed their terms. We explore this final ruling. […]
BBL Blaggers
Karamjit Singh Panesar Director of Diamond Designs and Build Limited Slapped with a 10-Year Ban for Securing Duplicate £50,000 Bounce Back Loans
Karamjit Singh Panesar, director of Diamond Designs and Build Limited, has been banned for 10 years after fraudulently obtaining two £50,000 Bounce Back Loans—one from NatWest and another from Santander—for the same company. The Insolvency Service deemed his actions a deliberate misuse of the government’s loan scheme. […]