
Lloyds Ordered to Pay Compensation for Faulty System Logging Bounce Back Loan Defaults, Ombudsman Upholds Complaint

A director faces an 11-year ban after fraudulently obtaining a £50,000 Lloyds Bank Bounce Back Loan for a business ineligible for the scheme. […]
Two co-directors received 9 and 11-year bans for multiple instances of wrongdoing related to two Bounce Back Loans from Barclays and Lloyds Bank. […]
Barclays delayed a customer’s Bounce Back Loan application for eight months. The Ombudsman upheld the complaint, ordering £250 compensation for the prolonged wait. […]
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