Todays News
Year: 2022
Premium Content
Company Director Gets a 9 Year Disqualification for Failing To Deliver to the Liquidator a Set of Prepared Accounts to Allow Him to Ascertain if Funds From a £45k NatWest Bounce Back Loan Were Legitimately Used
All manner of tricks are being used to try and befuddle or at least frustrate the Liquidator from doing his or her job when it comes to winding up a business with a Bounce Back Loan owing, and today’s case saw one […]
Back British Business
Starling Bank Refuse to Recognise the Arguments of Frustration and Common Mistake to Offset from a Bounce Back Loan Losses Caused by the Pandemic
A quick news update, here is the initial response from Starling Bank to one of their customers who is challenging the legality of their Bounce Back Loan under the arguments of frustration and common mistake: […]
BBL Complaints and Outcomes
Financial Ombudsman Service Tell Me Arrogantly Their Staff “Are Aware of the Rules” Then in Typical Idiot Fashion Make a Shocking Error That Could According to the British Business Bank Could Cost a Business Dear
I put up a story the other day regarding a Financial Ombudsman Service decision in which it was stated that a business owner couldn’t prove their turnover for a BBL and […]
BBL Complaints and Outcomes
Ombudsman Decides a Company Director Did Transfer BBL Funds From His HSBC Bank Account Rather Than Him Being Victim of a Scam
I have a rather unusual case that the Financial Ombudsman Service have given a ruling on today, that being a Company Director claiming he was the victim of a bank scam in which Bounce Back Loan funds were transferred out of his account. […]