Todays News
Government Announcement About Action on Fraud in Covid Support Schemes
The Government understands that people are frustrated with reports that […]
Year: 2022
The Disqualification Files
Failing To Keep Adequate Books and Records and Failing to Explain Where a £50k Bounce Back Loan Went Sees Glasgow Pizzeria Boss Being Slapped with an 8 Year Disqualification
The list of business owners being banned for some form […]
Hot Topic
Three Missed Bounce Back Loan Repayments? That Is When That Magic May Just Happen
I have had plenty of feedback now regarding just what happens once you miss three Bounce Back Loan repayments to shine a light on just what happens next. A once dreaded snatch back type letter is […]
The Disqualification Files
Royal Bank of Scotland and Lloyds Bank Kiss Goodbye to Two More Bounce Back Loans As Company Directors Are Hit with a 6 Year and 9 Year Disqualification
Another £82,000 in Bounce Back Loans are now heading for the Government Guarantee as two more Company Directors are hit with long disqualifications for wrongdoing, one of whom massively over-egged his turnover to get the loan. […]
Todays News
All Eyes Now on the Financial Ombudsman Service for Mass Bounce Back Loan Write-Offs With More Reports of Some Banks Now Taking Pity on Those Who Cannot Repay and Fast Tracking Them for the Government Guarantee
I was contacted by the Financial Ombudsman Service yesterday and they told me that as soon as they decide on the cases that Back British Business have sent to them regarding the writing off of Bounce Back Loans, they will not be making them public. For reference this is what
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