
Santander Ordered to Pay Compensation for Demanding Bounce Back Loan Repayment, Ombudsman Upholds Complaint

A director’s 10-year ban follows inflated turnover claims to secure a £50,000 Santander Bounce Back Loan, which remained unpaid, highlighting financial misconduct. […]
HSBC repeatedly misled a customer about his Bounce Back Loan application progress, which was ultimately denied. The Ombudsman upheld the complaint, awarding £750 compensation. […]
A director has been banned for six years for not using a Santander Bounce Back Loan entirely for business benefit, leaving it unpaid at liquidation. The disqualification reflects misuse of government-backed funds. […]
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