Year: 2021

I received communication from the Office of the Parliamentary Counsel yesterday, who having first said they had no resources to advise me, decided a tweet I sent did warrant their valuable time and a response, to which they have given me details of who I can complain to regarding their apparent BBL legislation error and as such here is the complaint. […]

My inbox lit up with people asking for me to add additional submissions for the National Audit Office’s second investigation into the Bounce Back Loan scheme, as such here is an interesting one regarding dormant companies and BBL’s that I have just drawn to the NAO’s […]

Having now spoken to more people than I can remember about Bounce Back Loans and the problems they experienced and still are experiencing; I have made the following additional submissions to the National Audit Office […]

Another week of madness has come to an end, and today I want to draw your attention to what the Financial Conduct Authority are telling Bounce Back Loan lenders to do regarding over-egged turnover, when collections start and/or they start taking action against those defaulting on their loans. The rules of the BBL scheme were confusing for most people, and banks complained they had no rule book and mistakes were made on the Government website, and […]

With their self-imposed deadline to reveal just how many Recovery Loans have been approved fast approaching, the British Business Bank have started to name those who received one and some of those with BBLs too after warning of the dire consequences of doing so. You couldn’t make it up. If you ask the […]

I contacted the team of Government lawyers whose job it is to draft, clear, effective, and readable law, as I had some questions about the way the Bounce Back Loan scheme was launched including the removal of legal rights for those applying for those loans, and the glaringly big “error” they apparently made when drafting that questionable legislation. […]

My attention was drawn yesterday to one Recovery Loan lender that follows me on Twitter and claims on their website that they can support your business even if “your application to RLS has been rejected by a traditional high street lender (for example, a bank)”, have I found the Holy Grail of RLS lenders or is it […]

It is on the 9th of September that the Rating (Coronavirus) and Directors Disqualification (Dissolved Companies) Bill reaches its Reporting Stage in the House of Commons, and the policy objective is to plug the legal loophole that exists in the […]