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July 26, 2021

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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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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. […]

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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. […]

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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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BBL Complaints and Outcomes

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

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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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 […]

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How HSBC Treat Their Customers