Month: July 2021

The Disqualification Files

Another Company Director Disqualified for Over-Egging Turnover and Not Supplying Proof That a Bounce Back Loan Was Used to Benefit His Business

July 17, 2021

The list of Company Directors given a slap by the Insolvency Service continues to grow and at pace, and today I am taking a look at another one who has just been disqualified for a whopping 11 years for over-egging his business turnover to bag a BBL whilst not being able to prove the funds were used to provide economic benefit to his business. The chap in question is […]

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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

July 16, 2021

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

July 15, 2021

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. […]