2022 - Page 80 of 131 - Mr Bounce Back - Bounce Back Loan News - Updates

Another Four Bounce Back Loans Go To BBL Heaven, One Used to Fund a Feature Wall and Bathrooms, One Acquired By Over-Egging Turnover Used to Pay Off a Personal Loan and the Other Two Acquired By One Person Were Used to Trade Cryptocurrency

June 12, 2022

The roll call of one-time business owners, and some who didn’t even own a business who took out one or more Bounce Back Loans and left them unpaid at insolvency/bankruptcy is growing, and here are a few more cases that involve some form of wrongdoing that was uncovered with those BBLs. […]

My Fireside Chat with Paul Scully Minister for Small Business

June 10, 2022

I spent Friday mainly travelling, as a window of opportunity […]

Jenny Lomax the Ombudsman Decrees That Santander Did Mess a Bounce Back Loan Applicant About Due to All Manner Of Errors, and Quite Pathetically Awards Just £175 in Compensation

June 10, 2022

Santander have been slapped on the wrist yet again by the Ombudsman as you will see in today’s case, which, much like many BBL related cases that go through the Financial Ombudsman Service, has taken quite some time to get sorted out. Santander also seems blissfully unaware some people trade in cash and even have accounts at other banks too. Imagine that! […]

The Often Bumbling and Befuddled Looking Tom Scholar From HM Treasury Announces Much Higher Bounce Back Loan Scheme Suspected Fraud and Error Figures Than The Banks

June 9, 2022

As you will see in the following correspondence made public today, HM Treasury is estimating much higher fraud and error figures in the Bounce Back Loan scheme than the actual BBL lenders, who are eager and doing all they can to keep those figures around the 1% to 2.5% range. […]

Company Director Hit With a 6 Year Disqualification For Not Providing to the Liquidator Financial Records to Allow Them to Work Out What a Bounce Back Loan Was Spent On.

June 9, 2022

Barclays have seen another of their Bounce Back Loans go up in flames, as you will see in today’s case which resulted in another of their Business Customers being slapped with a 6-year disqualification. […]