It will soon be Christmas, yet no sign of Rishi Sunak yesterday, meaning businesses across the land are still unaware if any emergency financial help will be coming their way. Whilst we wait for him to pull his finger out, here the story of how a £27,500 HSBC BBL turned sour. […]
The Directors Disqualification Measure implements a policy first announced in August 2018. The Government announced it would implement when Parliamentary time allowed, and the Bill was introduced on 12 May in part to deliver on […]
Here we are, December the 20th 2021 and still no word from Rishi Sunak on any type of emergency help for SMEs regarding all that is happening around us. In the meantime, until he hopefully does appear, here is another case of Bounce Back Loan wrongdoing. […]
Here is another case regarding a Bounce Back Loan, which resulted in a Company Director being hit with a 6 year disqualification for, among other things, using the proceeds of a Bounce Back Loan for personal benefit. […]
I have a few more cases for you today to cast your eyes over, including one Sole Trader who said he wasted his Bounce Back Loan on car raffles, the upshot of which he got a 7 year order. […]
Having read that Rishi Sunak and his team have been in meetings/discussions with “Business Leaders” and “Business Groups” for 10 days as of yesterday, regarding additional emergency help for SME’s I decided to try and […]
Today, and with the permission of the sender, I have published a message sent to me from a small business owner now struggling. I have of course pointed the sender in the right direction as […]
I know your minds are probably elsewhere, with everything going on, and the lack of a response so far from the Government regarding extra emergency help for business owners, let’s hope they finally see sense […]
You may remember the never ending stories of misery caused by the “BBL Database” or “Shared Industry Database” as it is also known that the British Business Bank got Cifas or build for them. If not, then you will find plenty of problems that database caused genuine business owners desperate for a BBL dotted around this website. […]
Another £100k in Government Guarantees will no doubt be soon paid out to a couple of banks based on today’s case, in which a Company Director applied for and got two Bounce Back Loans when only entitled to one, resulting in him getting an 11 year disqualification at insolvency: […]
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