I have seen a plethora of similar complaints to this one, in which the Ombudsman says banks can and do snatch money from business owners accounts when they demand back a Bounce Back Loan. […]
Having investigated this case the Ombudsman lays out all of the reasons that led him to side with Lloyds Bank and throw out the complainants complaint. […]
As you will see from the outcome of this case, the Ombudsman determines Barclays are not obliged to explain why they declined a Sole Traders Bounce Back Loan application and then decided to close his account. […]
Here are the reasons the Company Director named is now starting an 11 year ban. […]
Before he got the boot during Liz Truss’s reign as Prime Minister, Tom Scholar from HM Treasury explained how the Government does not hold BBL loans they just hold guarantees, listen to what he had to say. […]
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