Month: August 2022

A nine-year disqualification has just been given to the Company Director named in this case who over-egged his turnover to get a Barclays Bounce Back Loan, and much like many other people, used that loan for personal benefit, and of course left it unpaid at liquidation of his business.  […]

Plenty of question were left unanswered by the Company Director in today’s case, but he is now starting an 8-year disqualification for the reasons outlined below. […]

Surely it must have dawned on some of the never-ending stream of Company Directors that used Bounce Back Loans for personal benefit and left them owing at the liquidation of their businesses, that questions would be asked. Here is another case which saw one such Director being given a lenient looking 5-year disqualification for the BBL related wrongdoing highlighted. […]

I don’t think Rishi intended people to bag a Bounce Back Loan and use it to boost their pension pot, which the business owner in today’s case did, the upshot being she is now starting a 5 year disqualification. […]

We all know some Bounce Back Loans were used to buy all manner of things for the personal benefit of business owners, and the one in todays case bought a motorbike and made cash withdrawals leaving his business’ BBL owing at liquidation and is now starting a 5 Year disqualification. […]