October 2022 - Page 11 of 13 - Mr Bounce Back - Bounce Back Loan News - Updates

Not Using Their Company’s NatWest Bounce Back Loan in Full For the Benefit of the Business and Instead Splashing Out on New Cars Not Listed as Company Assets Sees Co-Directors Being Given 6 Year Disqualifications

October 6, 2022

Having taken the Insolvency route with a £50k Bounce Back Loan still owing, it was discovered that the Co-Directors named below had splashed out on two new cars, which were not listed as Company assets. […]

Two Ex-Ministers for Small Business Keep Quiet and Give No Official Response On The Government Ditching That Role

October 5, 2022

I did ask both Jane Hunt MP and Paul Scully […]

After Over-Egging Turnover to Get a £50k Barclays Bounce Back Loan and Not Using It For the Benefit of Her Pub, and Leaving it Owing at Liquidation a Company Director is Given a 9 Year Disqualification

October 5, 2022

The usual story is outlined below of someone over-egging their business turnover to get a much larger Bounce Back Loan than their business was entitled to and not using that loan for the benefit of the business, as a result the Company Director named is now starting a 9 year ban for the highlighted wrongdoing. […]

Ombudsman Gives His Outcome On Two More Complaints About HSBC In Which The Complainant Suggests Their Bank Accounts Were Closed and Bounce Back Loans Snatched Back on the Grounds of Discrimination

October 5, 2022

Alex Brooke-Smith the Ombudsman has on one single day, given an official outcome on four cases all of which saw a complainant suggest that HSBC had closed their bank accounts and had their respective Bounce Back Loans recalled based on discrimination. […]

Another HSBC Customer Gets His Bounce Back Loan Snatched Back by HSBC and Once Again the Ombudsman Says They Cannot Determine Whether if it is in part on the Grounds of Discrimination and Doesn’t Uphold the Complaint

October 4, 2022

Have a read of the following case, as it is another HSBC Bounce Back Loan related complaint in which the complainant asks whether their treatment was in part due to their Nationality. […]