
HSBC Seizes Sole Trader’s Account for Bounce Back Loan, Ombudsman Dismisses Complaint

NatWest’s error on a pre-populated PAYG application form prevented a customer from accessing Bounce Back Loan repayment options. The Ombudsman upheld the complaint, ordering NatWest to pay £500 compensation for their mistake. […]
Abu Yousuf Choudhury, the director of Stourport Takeaway Ltd, has been hit with a 10-year directorship ban after failing to provide evidence on how he estimated his business turnover to obtain a £50,000 Bounce Back Loan from HSBC. […]
A director who inflated turnover to blag a £50,000 HSBC Bounce Back Loan, leaving it unpaid at liquidation, now faces a 10-year ban. Explore the details of this financial deception and its fallout. […]
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