
Skipton’s Unjust Fraud Marker Blocks BBL Application, Ombudsman Orders Removal and £500 Compensation, But Not Universally

The government responds to complaints about the Department for Business and Trade blocking company strike-offs, leaving Bounce Back Loan borrowers in limbo. […]
HSBC defaulted a Bounce Back Loan, falsely accusing the recipient of fraud. The Ombudsman upheld the complaint, ordering compensation and condemning HSBC’s defamatory actions. […]
BEIS’s Sarah confesses to misleading the PAC, revealing lenders can quickly write off BBLs via guarantees. We unpack her bombshell. […]
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