Month: March 2022

The Disqualification Files

Lloyds Bank Wave Goodbye to a £30k Bounce Back Loan as Company Director Get a 5 Year Disqualification

March 14, 2022

Big day tomorrow, as I will be in the Palace of Westminster watching what is expected to be a highly charged committee meeting in which Lord Agnew, two British Business Bank “higher-ups” and a slew of bank bosses are being grilled about Covid Loan Fraud. Let’s hope they can all agree this time, but I doubt they will and it will end up being the usual arse covering exercise I have seen played out by each of them many times in the past. Until then here is another case in which a Company Director has just been hit with a 5-year ban for BBL wrongdoing. […]

All Rishi's Fault

HSBC Admit Account Applications Did “Drop Off Their System” and End Up Bunging a Business Owner Who Wanted an Account and a BBL, the Latter They Were Not Entitled to £200 Which The FOS Deem Adequate

March 13, 2022

So many complaints about Bounce Back Loans have been working their way through the Financial Ombudsman Service system, it is hard to keep up, but today I present to you another one regarding HSBC.
It is interesting the bank admits that account applications did drop off their system, something many people did experience when the scheme was live, and as you will […]