
Financial Ombudsman Rules Lloyds Bank Provided a Customer an Unaffordable Business Overdraft, But Finds No Fault in Their Approval of a Bounce Back Loan Three Times Larger 12 Months Later, Citing the Flawed Design of the BBL Scheme

A director has been disqualified for 13 years after fraudulently obtaining a £50,000 Lloyds Bank Bounce Back Loan and making implausible claims of 115 hourly diners at a takeaway to exploit the Eat Out to Help Out scheme. […]
NATIS raids East London, arresting one suspect and requesting an interview with another in a £1M Covid grant scam linked to Bounce Back Loans. […]
Lord Agnew’s dramatic House of Lords tirade exposed the BBL scheme’s failures. Grab popcorn—we break down his bombshell. […]
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