Tuesday the 21st of June 2022 is the day when I am filming my latest Fireside Chat, this time with the British Business Bank. Obviously with the travel disruption, getting to and from London is […]
It became apparent to many people that the so called BBL database that was set up many weeks after the BBL scheme was launched to add another level of protection to banks against fraudulent and duplicate applications was error riddled. This case somewhat proves that beyond all reasonable doubt. […]
Another Bounce Back Loan case for you to look at today that the Ombudsman has recently made a decision on. As you will see, the complaint was not upheld. […]
An interesting insight today into getting a “replica” Bounce Back Loan even though the scheme is now closed, if you have a complaint about a bank messing you about, declining your application unfairly or making errors warrants the […]
Another day, and another two Bounce Back Loans are left unpaid, one of those cases in today’s update saw a Director hit with a 3-year ban for failing to register for VAT. […]
Over-egging turnover and using funds from Bounce Back Loans for personal benefit are some of the reasons the following business owners have been slapped with long disqualifications after they took the bankruptcy/insolvency route leaving those BBL’s left unpaid. […]
Compared to some of the disqualifications handed out for Bounce Back Loan wrongdoing, the 3 years and 6 month one in today’s case is quite lenient. […]
As for whether people are getting away with taking the insolvency route when they took out a BBL and left it unpaid at liquidation, when for example they over-estimated their turnover to get that loan, well over-estimating by more than an additional 25% of the 25% 2019 turnover figure used to determine a BBL’s value is deemed to be the tolerance limit before a long disqualification is handed out, as you will see in the case below. […]
With the take up of the Help to Grow Scheme being dismal, due in no small part to it being deemed to be a complete waste of money by most SME’s, Kwasi Kwarteng the Secretary […]
I have been asking the All-Party Parliamentary Group on Anti-Corruption & Responsible Tax for the footage of Lord Agnew making his allegations about Starling Bank that he had made at one of their events recently […]
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