
Lloyds Ordered to Reinstate Bounce Back Loan Due to Address Error, Ombudsman Upholds Complaint

Co-Operative Bank seized a £50k Bounce Back Loan after closing an account for risk reasons. The Ombudsman upheld the complaint, ordering £100 compensation. […]
The Insolvency Service’s efforts have banned directors for using Bounce Back Loans for unauthorized purposes. […]
A director has been disqualified for 11 years for wrongdoing involving a £50,000 Lloyds Bank Bounce Back Loan, including overstating his business turnover and using the funds for personal benefit. […]
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