Snouts in the Trough
Lord Agnew Not Only Voted Against More Protections for Bounce Back Loan Borrowers But Even Has Shares in One of the BBL Lenders
Those of you who have been reading my updates for […]
Month: January 2022
The Disqualification Files
Applying For and Getting a £40k Bounce Back Loan for a Business That Wasn’t Trading Lands a Company Director with an 11 Year Disqualification
Another day, another tale of a Bounce Back Loan that has gone sour, today’s case involves a £40k BBL being given to a company that wasn’t trading with questions left unanswered as to where the money went. […]
Todays News
Insolvency Service “Estimate” 9,733 Companies in England, Wales and Scotland Entered Insolvency Between 1 May 2020 and 31 October 2021 with a Bounce Back Loan Owing
Here is a FOI Request that the Insolvency Service has […]
Hot Topic
Minister of State for HM Treasury Lord Agnew Throws a Massive Hissy Fit in the House of Lords and Drops the Mother of all Bombs on the Bounce Back Loan Scheme – Popcorn Time Folks
For a Minister of State that voted against extra protections […]
The Disqualification Files
Another Case of Estimated Turnover Being Too High Results in a Company Director Getting an 8 Year Disqualification for Taking the Insolvency Route with a £50k NatWest Bounce Back Loan Left Owing
Quite an explosive day yesterday in the House of Lords, with Lord Agnew of Oulton a Minister of State (HM Treasury) exposing the farce that the Bounce Back Loan scheme has become and resigning on the spot, if you have not seen the video of him doing so make sure you do it’s a corker. Anyway, today I present to you another case in which the Insolvency Service has […]