Flood of complaints expected over Covid-19 UK business loans | Business

by www.theguardian.com via GoorufBot
36 mins ago
The Treasury has told a new bank customer complaints body to prepare for an influx of grievances over government-backed Covid loans. But its chair, Lewis Shand Smith, said the unprecedented surge in business lending during the pandemic – starting with the state-guaranteed coronavirus business interruption loan scheme (CBILS) – had forced it to shift focus. [...]

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