Premium Content

On the Day The Times Reveals Alleged Shady Goings on at Starling Bank with the Way They Processed BBL’s Another £50k Bounce Back Loan From That Bank Turns Sour With the Director Getting a 10 Year Ban

I see Lord Agnew is continuing to make waves with his seemingly loose tongue, as the story in todays The Times reveals, in which he apparently dishes the dirt on some utterly sordid shenanigans with the way that Starling Bank ran their Bounce Back Loan facility. I have asked them for a comment. Anyway here is another case which resulted in a 10-year disqualification involving a £50k BBL from that bank. […]

Premium Content

Stating His Business Turnover was £200,000 to Get a £50k Barclays Bounce Back Loan and a £10k Local Council Grant When It Was in Fact Just £354 Lands Company Director with an 11-Year Disqualification

There currently appears to be no end of Company Directors who decided to take the insolvency route as a way to get out of repaying their Bounce Back Loans, but as today’s case proves, when there was any dodginess involved with obtaining and/or using that loan, it always results in a long disqualification. In this case it was 11 years. […]

Premium Content

Hefty 11 Year Disqualification Handed Out to Company Director for Over-Egging Turnover to Get a £50k Bounce Back Loan and Not Using it for the Benefit of the Business and for Leaving It Owing at Liquidation

A tale of money given to a friend to buy rugs and carpets from Pakistan the proof of which could not be shown with funds from a Bounce Back Loan, and over-egging his business turnover to get that BBL sees a Company Director hit with a hefty 11 year disqualification in this case. […]

Premium Content

Company Director Over-Eggs Turnover to Get a £30k BBL and Uses Some of It For Personal Benefit Then Agrees to Repay All Sums Owed at Liquidation Over 49 Monthly Repayments Whilst Also Getting an 8 Year Disqualification

I have not seen an agreement reached with the Liquidator like the one in the following case, which saw a Company Director hit with an 8-year ban, but also agreeing to repay all funds owned including a Bounce Back Loan at the liquidation of his Company over 49 monthly payments. […]