June 2022 - Page 5 of 8 - Mr Bounce Back - Bounce Back Loan News - Updates

Sole Trader Complains That Barclays Arranged an Appointment to Allow Him to Open a Business Account to Apply For a Bounce Back Loan When the Branch Was Closed, the Ombudsman Awards Increased Compensation

June 13, 2022

There are so many complaints about Bounce Back Loans that the Financial Ombudsman Service are working their way through, however some, like the one in today’s case, have been resolved, resulting in Barclays getting a slap. […]

Judge Locks Up Drugs Gang Member For Two Years With an Additional 6 Months For Over-Egging His Turnover to Get a Bounce Back Loan

June 12, 2022

You may recall the story months ago about a Judge who had before him a […]

Another Four Bounce Back Loans Go To BBL Heaven, One Used to Fund a Feature Wall and Bathrooms, One Acquired By Over-Egging Turnover Used to Pay Off a Personal Loan and the Other Two Acquired By One Person Were Used to Trade Cryptocurrency

June 12, 2022

The roll call of one-time business owners, and some who didn’t even own a business who took out one or more Bounce Back Loans and left them unpaid at insolvency/bankruptcy is growing, and here are a few more cases that involve some form of wrongdoing that was uncovered with those BBLs. […]

My Fireside Chat with Paul Scully Minister for Small Business

June 10, 2022

I spent Friday mainly travelling, as a window of opportunity […]

Jenny Lomax the Ombudsman Decrees That Santander Did Mess a Bounce Back Loan Applicant About Due to All Manner Of Errors, and Quite Pathetically Awards Just £175 in Compensation

June 10, 2022

Santander have been slapped on the wrist yet again by the Ombudsman as you will see in today’s case, which, much like many BBL related cases that go through the Financial Ombudsman Service, has taken quite some time to get sorted out. Santander also seems blissfully unaware some people trade in cash and even have accounts at other banks too. Imagine that! […]