Please scroll down the page to find all the latest news and information about the BBL Scheme and the upcoming enforcement action, read and digest everything and in order. The Covid Corruption Commissioner leaves his post on December the 2nd 2025 and will present Parliament with additional recommendations for rounding up and punishing BBL Blaggers and suggestions for allowing the write-off of legit BBLs that cannot be repaid.
My Bounce Back Loan Helpline is open every day of the week, if you have got yourself in trouble by contacting one of the support groups your Lender or the Government pushed you to contact when struggling to repay a BBL and were told to just Strike Off your Company or given additional bad advice that has now landed you on the Government’s BBL naughty and/or enforcement lists give me a bell.
So many people who were stitched up by those support groups and even their Lenders it’s shocking. Conversely if you have a BBL you are struggling to repay give me a call and I will talk you through the additional options you can make use of. Whatever you have or haven’t done, I will get you sorted.
Most weekdays, people get banned from being a Director of a Company, or Sole Traders and individuals get Bankruptcy Restrictions Orders for BBL related mischief, some people find themselves before a court and ultimately locked up for BBL fraud, and in most cases it is their own actions that have seen them being punished.
Conversely some people get compensated or their BBLs written-off or reduced in value when complaining about unfair treatment by Lenders or due to irregularities with their Bounce Back Loan, here are the latest outcomes of people in those three categories:
The Government, over the last few years, by using various methods including but not limited to matching BBL application forms with Company Accounts or Self Assessments have worked out who has blagged a Bounce Back Loan, and have compiled a naughty list of those who will be chasing in 2026 and beyond. This is how they compiled their naughty list:
It is of course due to the number of people who took the biscuit with the Bounce Back Loan Scheme such as the random ones featured in the articles below, that rattled Rachel Reeves, who before the election promised she would take on a Covid Corruption Fraud Commissioner and seek his guidance on how to go after anyone and everyone who blagged a BBL in one way or another.
It soon dawned on the Covid Corruption Commissioner that way more people had blagged a BBL than first thought and as such he devised a way to try and get the number of people on the naughty list reduced.
That is when the Voluntary Repayment Scheme was dreamt up. That scheme was intended to push/urge/nudge people to repay in full or set up a repayment plan on a dodgy BBL they got. Below is how it was launched on the 12th of September 2025, but keep on reading to discover what quickly went wrong with that scheme.
Whilst the Voluntary Repayment Scheme was up and running, the Public Sector Fraud Authority tested out a pilot by writing to a modest number of BBL blaggers, telling them we know what you have done, now here are your options.
Below you will find more information on that pilot and a copy of the letters they sent out along with details of just how successful a very early pilot of the upcoming enforcement action went on.
Once the BBL Voluntary Repayment Scheme was up and running, word soon filtered back to me some Lenders were messing people about and refusing the set up repayment plans and others wouldn’t even allow people to pay back in full a BBL they blagged.
I then set about writing to Lenders asking them what they were offering by way of the Voluntary Repayment Scheme, and some of their replies contradicted the initial aims of the Scheme. The Government then went into panic mode and released guidance of the scheme, 56 and then 76 days after the launch, which was a watered down, heavily diluted set of aims and rules which offered people nothing at all.
The ultimate aim of the Voluntary Repayment Scheme is to get people to repay a dodgy BBL in full, but that isn’t a reality for most people, but some are setting up a repayment plan with their Lender, before enforcement action begins. Their logic being, that tucked away deep in the Public Authorities (Fraud, Error and Recovery) Bill it says “the Bill contains measures to provide the PSFA with the power to recover debt in relation to funds that a public authority is entitled to recover and which, following a PSFA investigation into suspected fraud, were obtained fraudulently or through error. The PSFA will initially seek voluntary repayment of debts through affordable and sustainable repayment plans”.
A Bill working its way through Parliament will, when it becomes law, give extraordinary power to the Government to retrieve funds from anyone who blagged money from the Public Purse, you can read more on that in the articles and guides below:
Once the Voluntary Repayment Scheme ends on the 31st of December 2025, the Cabinet Office, Public Sector Fraud Authority, Insolvency Service and others are going to set about chasing and trying to bring to justice everyone who has blagged a Bounce Back Loan.
They will be aided in such due to the new Directors I.D. Verification Scheme launched by Companies House and the passing into law of the Public Authorities (Fraud, Error and Recovery) Bill. Below are some more recent articles that I have compiled that you may find of use.
The latest Bounce Back Loan data dump came my way today, the 28th of November 2025, which reveals that to date a total of £11,417,650,000 has been paid out to Lenders via the Government Guarantee with another £221,660,000 waiting to be paid out and some £170,760,000 in Guarantee claims waiting to be put in. To date, 67,448 BBLs are in arrears and 433,115 are now in default.
Bugs, Errors and Defects on BBL Lender platforms/software has seen them having their Guarantees yanked on some 14,063 BBLs worth a mind-blowing £497.84million, it’s similar to Post Office Horizon scandal as many people could have been convicted due to those often unreported bugs, defects and errors, (some possibly have been) but spotted them and have managed to have their BBL’s written off by noticing them and complaining.
The helpline will be open over the Christmas and New Year Period as it is every day of the week. If you or anyone you know is in a bad place, worrying about an unaffordable BBL or any Bounce Back Loan related worries or concerns, give them my number and get them to give me a bell. If you are in a position to help me be there for everyone, please consider making a donation or if you haven’t yet done so, please subscribe to the website, I can only be here morning, noon and night with your support. All the Best, Mike
