Barclays – Page 66 – Bounce Back Loan

Barclays Ordered to Pay £250 for Eight-Month Bounce Back Loan Delay, Ombudsman Upholds Complaint

Barclays delayed a customer’s Bounce Back Loan application for eight months. The Ombudsman upheld the complaint, ordering £250 compensation for the prolonged wait. […]

Unravelling the Truth on Bounce Back Loan Fraud: Analysing the Official Figures Circulating Publicly

Confused about BBL fraud stats? We dissect the official numbers to uncover who’s telling the truth in this murky scandal. […]

Ban for Bounce Back Loan Turnover Fraud That Repayments Could’ve Hidden

A director’s turnover inflation for a Bounce Back Loan led to a ban, which a Barclays boss claims could’ve been avoided with repayments. Explore this intriguing case of “forgivable” fraud. […]

Barclays Chief Claims Overstated BBL Turnover Isn’t Fraud If Repaid, But Non-Repayment Triggers Fraud Label

Barclays’ boss says fudging BBL turnover isn’t fraud if you repay—but default, and it’s fraud. We explore this controversial stance. […]

How Will £17 Billion in Covid Loan Losses Be Recovered? MPs to Grill Lord Agnew and Lenders, and I’ll Be There Observing

MPs are set to probe Lord Agnew and lenders on recovering £17B in Covid loan losses. I’ll be there, taking notes on this critical showdown. […]

Director Banned for 9 Years for Overstating Turnover and Misusing £50,000 Barclays Bounce Back Loan on Home Renovations

AA company director has been disqualified for nine years after exaggerating his business turnover to secure a £50,000 Barclays Bounce Back Loan and spending it on home renovations. […]

10-Year Ban for Fraudulent £40k Bounce Back Loan Application

A director’s fraudulent application for a £40,000 Barclays Bounce Back Loan, when only entitled to £3,060, led to a 10-year ban. Dive into this case of bold financial deception. […]

9-Year Ban for Ineligible Bounce Back Loan Used on Poker

A director faces a 9-year ban for securing an ineligible £50,000 Barclays Bounce Back Loan and spending it on personal pursuits, including poker. Learn about this reckless misuse. […]

Barclays Ordered to Reinstate Bounce Back Loan and Pay £250, Ombudsman Upholds Complaint

Barclays wrongly seized a Bounce Back Loan from a personal account, demanding a business account. The Ombudsman upheld the complaint, ordering reinstatement and £250 compensation. […]

6-Year Ban for Bounce Back Loan Turnover Fraud and Credit Card Use

A director’s inflated turnover to secure a £50,000 Barclays Bounce Back Loan, spent on personal credit card bills, led to a 6-year ban. Dive into this case of financial misconduct. […]