Today’s News
Todays News
What Are You Doing on the 7th of August? If You Are in the North West Make Sure You Attend the Excluded Unity Alliance Event in Liverpool – See You There
We have all suffered over the last year or so, and for many business owners the only help and support they have had is from their friends and family, and for others they have had […]
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Todays News
What Are You Doing on the 7th of August? If You Are in the North West Make Sure You Attend the Excluded Unity Alliance Event in Liverpool – See You There
We have all suffered over the last year or so, and for many business owners the only help and support they have had is from their friends and family, and for others they have had […]
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Finding Business Tough at the Minute? Discover How You Can Bid for Government Contracts Some of Which Will be Tailored at Your Business Type and Can Be High in Value Too
Looking for new customers can be a never ending and sometimes daunting task, however with organisations such as the British Business Bank offering contracts worth £75,000 for “Social Media Support”, £89,209 for “cleaning services” for their Sheffield office and even contracts worth £40,000 for “courier services” and £40,000 for “catering services”, that being keeping their staff fed and watered during meetings, you should consider applying […]
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Four More Recovery Loan Lenders Accredited on the Day Two British Business Bank Bosses Are Dragged Over the Coals by the Public Accounts Committee Investigating the Greensill Saga
The phrase “lessons will be learned” is one you are going to hear quite a lot of moving forward, much more so when it comes to the Government backed loan schemes, and yesterday it was rolled out several times during a Public Accounts Committee meeting in which they had sat before them a couple of hapless bosses of the British Business Bank. […]
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All Freedom of Information Requests Received by and the Replies Sent Out by the Department for Business, Energy and Industrial Strategy (BEIS) Related to Bounce Back Loans
I asked for and have been sent every single Freedom of Information Request received by and the replies sent out by the Department for Business, Energy and Industrial Strategy (BEIS) that are in any way shape or form related to Bounce Back Loans, and as such here they all […]
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Tide Bang the Final Nail in the Coffin for Many of Their BBL Recipients Whilst Rishi Sunak, Kwasi Kwarteng, Paul Scully and Members of the House of Lords Who Get Paid by Tide Swan Off on Holiday
Many of you are more than aware of the stunts that Tide pulled with their Bounce Back Loan scheme, dodgy waiting lists, running out of money, bagging a £25m BCR Grant etc, well now they have stuck two fingers up to the few customers who managed to get a BBL from them, telling them they can do one and get stuffed if they think they are going to get access to the Pay As You Grow Options that Rishi Sunak has said are automatic and so easy to get. […]
Todays News
Is the Idea Put Forward by One MP Regarding Turning the Bounce Back Loan Scheme into a Student Loan Type of Scheme a Good One? Give Me a Call and Let us Discuss It
OK everyone, let us face a few facts, many of you who have a Bounce Back Loan have had no other option but to take the PAYG options to delay repaying those loans, and many […]
Todays News
Sadly SEISS 5 Claim Dates Look Later Than Last Time – Rishi Pulls a Nasty Trick Before Swanning Off on His Holidays – Check Your Claim Date
I have received multiple reports overnight that those who think they qualify for the SEISS 5 Grant can check to verify they are and will be given a date that they can claim online, however […]
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HSBC Now Offering Not Only Cash Compensation to Those They Have Completely Messed Up the BBL PAYG Options for, But Are Now Offering a Couple of Months Breathing Space Too
It appears that HSBC have certainly been telling huge, big lies to their customers, in fact I have now received a plethora of complaints about them which are similar to my experience with that Pound Shop Bank. They are offering cash compensation to make the problem go away but are also offering “beathing space” for those they have messed about which is […]
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Delays to Pay As You Grow Options Continue with Barclays Bank Staff Admitting “It’s All Messed Up” and HSBC Are Now Checking Kinetic Accounts and Closing Some of Them and Requesting Repayment of BBLs
It is good to see some decent bank staff out their finally admitting the Bounce Back Loan scheme, even at this stage of the game with repayments now due is messed up, and Barclays employees are admitting just that, HSBC on the other hand though are now double checking Kinetic account BBL’ers and closing some of those accounts and demanding repayment of many BBLs acquired through those accounts too, take a look at the letters they are sending out. […]
Todays News
We Must All Get Behind Owen Thompson SNP MP for Midlothian In His Quest for Bounce Back Loans to Be Switched Into a Student Loan Type Arrangement – SMEs Only Repay When They Can Afford to
Below you will find a speech that Owen Thompson Scottish National Party MP for Midlothian gave in the Commons on July the 7th 2021, please read it through and digest the content, and what he […]
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Senior Banker States: “We Are More Worried About Losing Our BBL Guarantees Than Killing Off Small and Medium Sized Businesses” and an Update on the Rating and Directors Disqualification Bill
I had the chance to speak to one senior banker who will remain anonymous yesterday, who has given me a little bit more insight into the problems they are facing with Bounce Back Loans and is happy for me to share his revelations and insights with you. […]
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Fancy a Job Untangling the Mess That is Bounce Back Loans? Well One Bank is Looking for You!
Got to love the brass neck of some banks, many of them have made a complete hash of the entire Bounce Back Loan scheme, and it is of course SMEs across the land that have suffered due to their mistakes, errors, and downright stubbornness to admit they have messed up. One bank is now looking for someone to correct those errors, albeit late in the day and the details of that job are […]
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No New Recovery Loan Lenders Accredited for 3 Weeks – Are Financial Institutions Too Embarrassed to Be Associated with That Hare-Brained Loan Scheme?
Either the British Business Bank are sulking and are on a go slow after their shameful smackdown from the National Audit Office over their accreditation of Greensill, or new potential Recovery Loan lenders are wary of signing up to that dubious scheme and have decided not to apply for accreditation to save their reputations. It has been […]
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After Causing a Huge Song and Dance That Bounce Back Loans Should Have Been Designed Like CBILS/CLBILS the British Business Bank Get a Slap for Lack of Due Diligence on the Latter Re Greensill
The British Business Bank are a gift that keeps on giving, but not in a good way and despite their hatred of Bounce Back Loans and their constant badgering of the Government pre-launch to make them more like CBILS and CLBILS, low and behold they have just been given a huge slap down by the National Audit Office. […]
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Check Your HSBC Bounce Back Loan Agreements Looks Like They May Not Be BBL Loans After All – Mine Certainly Isn’t
Well, what a surprise, the reason HSBC have been messing me and many others around with their Bounce Back Loans and refusing them top ups and/or refusing them access to the Pay As You Grow options may finally have become obvious, they have issued those loans incorrectly […]
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An Insight into Bounce Back Loan Recoveries and Defaults from the Other Side of the Fence
Today I bring you an insight into Bounce Back Loan recoveries and defaults from the other side of the fence. […]
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How Many Companies Have Become Insolvent Since Receiving a Bounce Back Loan?
The million dollar question that everyone seems to want to know the answer to is just how many companies have become insolvent since receiving a Bounce Back Loan, well the latest update I have is […]
British Business Bank FOI's
Information Bounce Back Loan Lenders Shared with the British Business Bank After Granting a Bounce Back Loan
I have been supplied by the British Business Bank the information categories that was shared with them from all of their accredited lenders once a Bounce Back Loan was issued. With that in mind here are those details. […]
BBL Complaints and Outcomes
BBL Complaints and Outcomes
Barclays Bank BBL Decline and Account Closure Complaint Not Upheld
This page of the website is going to give you a full insight into the official outcome of a complaint sent into the Financial Ombudsman regarding a Barclays Bounce Back Loan related complaint and the outcome of that complaint. […]
BBL Complaints and Outcomes
Credit Scoring Led to an HSBC Customer Being Declined a Feeder Account for a BBL Complaint Not Upheld
Many people were declined an HSBC Feeder account to gain access to the Bounce Back Loan scheme, even existing customers of that bank, and below you will find an overview of one such complaint the Financial Ombudsman investigated but did not uphold. […]
BBL Complaints and Outcomes
HSBC Feeder Account Complaint Not Upheld
This page of the website is going to give you a full insight into the official outcome of a complaint sent into the Financial Ombudsman regarding yet another HSBC Bounce Back Loan related complaint and the outcome of that complaint. […]
FOI Requests and Replies
British Business Bank FOI's
The British Business Bank Do Not Know the Percentage of Recovery Loan Scheme Applicants that are Being Approved for Loans
I find it rather strange that the British Business Bank claim not to know the percentage of Recovery Loan Scheme applicants that are being approved for loans, and this is what they have to say: […]
British Business Bank FOI's
British Business Bank Admit 85 of Approx 450 Employees/Board Members Have Conflicts of Interests
It is probably no surprise to learn a large number of British Business Bank employees/Board Members have conflicts of interest and here is what that organisation has to say on that matter. […]
British Business Bank FOI's
How Many FOIs Did the British Business Bank Receive?
Having been sent all FOIs requests sent into the British Business Bank, there have certainly been some unusual ones, the two displayed below is asking them how many Freedom of Information Requests they received during a set period. […]
Premium Content – Snouts in the Trough
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Worried About Going Bust Having Had a Government Backed Loan? Don’t Be, as a Company with Links to Rishi Sunak and His Wife Has Already Done So, But for a Whopping £1.3m Oh What Fun!
You are not going to believe this, well in today’s Political world you will, below I will lay out all the facts on how a company linked directly to Rishi Sunak and his Wife, bagged a £1.3m Government Back Loan and then went into Administration. I will let you connect the dots on this one dear reader, as I know you like to see “receipts”. […]
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Another Member of Parliament, This Time Chris Philp MP for Croydon South (Defender of Boris’ Tank Topped Bum Boys Comment) Revealed as Having a Large Shareholding in a CBILS Accredited Lender
It might be easier to list MPs and Members of the House of Lords that do not have shareholdings in companies that were accredited by the British Business Bank as CBILS, CLBILS and even Bounce Back Loan lenders. This time it is Chris Philp MP for […]
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Kit Malthouse Conservative MP and Home Office Minister Founded and Has a Healthy Shareholding in a CBILs Lender, and Ex-Chancellor of the Exchequer Sajid Javid bags £30k from BBL Lender HSBC for a Cosy Chat, Who Would Have Guessed!
It just never ends dear website visitor, let us face it with Rishi and Co launching CBILS there was some chunky money to be made with that and all other Government backed loan schemes, and Kit Malthouse MP must have been rubbing his hands with glee when the finance company he founded was accredited by the British Business Bank to offer CBILS. I wonder if that firm will become a Recovery Loan Lender too. As of the […]
