2022 - Page 23 of 131 - Mr Bounce Back - Bounce Back Loan News - Updates

Having Added an Imaginary £96k onto Her Business Turnover to Get a £50k TSB Bounce Back Loan and Leaving it Owing at Liquidation a Company Director is Slapped with a 10 Year Disqualification

October 25, 2022

As the UK celebrates (?) its new Prime Minister, here is someone who may not be celebrating right now, having just been given a 10 year ban for Bounce Back Loan wrongdoing. […]

Spending His Bounce Back Loan Paying off a Personal Loan and on Living Expenses After Over-Egging His Turnover to Get That Loan Results in Company Director Being Given an 8 Year Ban

October 24, 2022

There is no let up of bans being doled out for Bounce Back Loan wrongdoing, and here are the details of another Director who is now starting an 8 year ban for the BBL wrongdoing laid out. […]

Leaving the Liquidator Unable to Work out Where a £50k HSBC Bounce Back Loan Went At Liquidation of His Company By Using the “Accounting Records Loophole” Sees Director Given Just a 6 Year Ban

October 24, 2022

Another Director has just been given a much shorter 6 year ban, by using what I am terming the Accounting Records Loophole. If a Liquidator isn’t given any […]

Barclays £50k Bounce Back Loan Goes Sour With Company Director Getting a 10 Year Ban For Wrongdoing

October 24, 2022

As we wait to discover if Rishi Sunak is to be crowned the new Prime Minister today, here is a tale of how a £50k Barclays Bounce Back Loan turned bad, resulting in the Director of the Company that got that loan getting a 10 year ban. […]

Dean Russell MP from BEIS Confirms That Despite Eye Watering Levels of Bounce Back Loan Defaults Not Many Are Due to Energy Price Rises and He Also Waffles, to Avoid Government Embarrassment About BBLs and Credit Files

October 22, 2022

Dean Russell MP who stepped into the post of Parliamentary Under-Secretary at the Department for Business, Energy, and Industrial Strategy (BEIS) in September of this year has confirmed that BEIS have not seen any substantial increase in the number of defaults of Bounce Back Loans due to the rise in energy prices, which begs the question […]