
Barclays Denies Bounce Back Loan and Closes Account, Ombudsman Dismisses Complaint

A director’s personal investment of a Barclays Bounce Back Loan in an energy company, plus missing records, led to a 7-year ban. Explore this misdirected loan case. […]
HSBC refused to amend a lower turnover figure for a Bounce Back Loan, citing fixed rules. The Ombudsman upheld the complaint, ordering compensation for the restriction. […]
Simon Hayes, director of Hertford Mechanical Limited, has been banned for 3.5 years for trading to the detriment of HMRC, leaving a £50,000 Barclays Bounce Back Loan unpaid at liquidation. The ban reflects financial misconduct. […]
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