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UK's Business Banking Resolution Service to shut down

The Treasury Select Committee, earlier this month, advocated for the BBRS to be replaced with a new independent system.

'I lost my house – over a £1,500 car loan'

Everyday Loans customer saw his debt snowball despite seeking support

UK Banks' £50 Million Complaints Service to Shut After 3 Years

Barclays, HSBC, Virgin Money and others spent $63.3 million to help resolve banking complaints for business customers—the project failed

The Business Banking Resolution Service launched in 2021. In three years only 137 cases were solved.

Payment Firms Urge UK to Scale Back Fraud Victim Refund Plan