Having proven to be completely toothless when it comes to most Bounce Back Loan complaints, the Financial Ombudsman Service have sounded the alarm bell due to the impending influx of new BBL related complaints and are desperately crying out […]
Many people with a Bounce Back Loan have transferred them out to another account for “safekeeping”, due to the now well documented incidents of lenders blocking BBLers bank accounts and snatching those loans back whilst the accounts were blocked. What infuriates anyone caught up in such a situation is that […]
It is now almost daily that at least one Company Director gets slapped with a disqualification due to supposed wrongdoing when there is a Bounce Back Loan involved in the liquidation of a company, and today I will give you an insight into one such case which also involves payments from the Job Retention Scheme. […]
Rishi Sunak is of course giving his great speech today at the Conservative Party Conference over in Manchester, so all eyes will be on him later to see what plans he has (if any) to help everyone recover. I have found another Financial Ombudsman ruling, and this one will give you an insight into […]
In a feeble attempt to fill Bounce Back Loan borrowers with some hope that they do have one route they can take if they have a complaint with a bank, the British Business Bank have […]
A mix of Ltd Company Directors, Sole Traders and even those who do not own a business but who obtained a Bounce Back Loan are winding up their businesses or declaring bankruptcy and are being hit with disqualifications or BRO’s if the Insolvency Service determines skulduggery regarding […]
You may recall back in July I got the Federation of Small Businesses to ask the British Business Bank during a webcast they were doing with the British Business Bank, just how many Recovery Loans […]
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