Ombudsman Boosts Barclays’ Compensation to Customer Fivefold After Abusive Call and Botched Bounce Back Loan Direct Debit
BBL Complaints Upheld
HSBC Forced to Restore Another Defaulted BBL, Pay Compensation, and Clear Credit Markers Amid Ongoing Oversight Failures
HSBC faced another ruling to reinstate a defaulted Bounce Back Loan, compensate a customer with interest for seized funds, and remove negative credit markers from a limited company, highlighting persistent government oversight issues with BBL lenders. […]
Special Reports
ICAEW Rebuked Under Kemi Badenoch for Failing to Monitor Insolvency Practitioners, Raising Bounce Back Loan Cover-Up Fears
The ICAEW faces criticism for poor oversight of insolvency practitioners during Kemi Badenoch’s tenure, prompting suspicions of Bounce Back Loan cover-ups. […]
BBL Complaints Dismissed
TSB Seizes Bounce Back Loan for Overstated Turnover, Ombudsman Dismisses Complaint
TSB seized a Bounce Back Loan for overstated turnover, not qualifying as an estimate. The Ombudsman dismissed the complaint, citing ineligibility. […]