
Barclays Ordered to Pay £1,000 for Bounce Back Loan Application Mishandling, Ombudsman Upholds Complaint

Gurdeep Singh, director of Kandola Kuriers Limited, faces a nine-year ban for inflating turnover to secure a £25,000 Barclays Bounce Back Loan and transferring it to himself. Liquidator Ashok Bhardwaj noted no recoverable assets. […]
HSBC denied a feeder account, blocking a Bounce Back Loan application. The Ombudsman dismissed the complaint, citing the bank’s right to set account criteria. […]
Barclays defaults a customer’s Bounce Back Loan over an overdraft issue but reinstates it after backlash; the Ombudsman grants £50 in compensation. […]
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