Investec Bank Defaults on OakNorth CBILS Loan, Which Could Leave Taxpayers to Cover Guarantee Costs
Special Reports
New Government Clarifies No Policy Change on Doorstep Visits for Bounce Back Loan Defaults, Yet One Lender Threatens Such Action – If Faced with Threats, Dismiss Them and Report the Lender – See the Government’s Official Statement
The government confirms no doorstep visits for Bounce Back Loan defaults, urging borrowers to report lenders making such threats—read the official stance. […]
Special Reports
Certain Bounce Back Loan Lenders Accelerate Defaults to Spare Borrowers Prolonged Stress
Some lenders are fast-tracking Bounce Back Loan defaults, sparing borrowers the distress of the standard three-month missed payment wait. […]
Special Reports
Metro Bank Hit with £16m FCA Fine for Financial Crime Failures, Echoing Starling Bank’s Woes
Following Starling Bank’s misconduct scandal and CEO exit, Metro Bank faces a £16m FCA penalty for financial crime lapses, underscoring ongoing regulatory challenges in the banking sector. […]