Today’s case of a Company Director getting a 5-year disqualification when winding up his business, involves a Local Council Covid Business Grant which is the first time I have seen one listed as part of the reason for that long disqualification. […]
Yorkshire Bank appear to be telling those unable to repay their bbl, either the interest only or the full repayment amount they will default you after 90 days and then a month later will claim on the guarantee and try and offer a repayment plan at that point. As you will see from the reply from that bank […]
A couple more cases of Bounce Back Loan wrongdoing to report today, both of the Sole Traders featured ended up with a Bankruptcy Restrictions Order for using their Bounce Back Loans for personal benefit and not for the economic benefit of their business. […]
As I mentioned the other day, the Rating (Coronavirus) and […]
Two men who headed up an international criminal network responsible for laundering £70 million, £10m of which came from fraudulent Bounce Back Loans, have been jailed for a total of 33 years. […]
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