Source · Select Committees · Treasury Committee
Recommendation 8
8
Paragraph: 60
Close the Business Banking Resolution Service as it is not fit for purpose
Conclusion
The BBRS is not fit for purpose in providing alternative dispute resolution to the 55,000 SMEs who fall outside of the FOS’ thresholds and this service should close as originally planned.
Paragraph Reference:
60
Government Response
A response document is linked to this report, dated 12 December 2024. Response attribution to this conclusion has not been verified. Read the response document ↗