Month: February 2023

The number of slapping’s being handed out for over-egging turnover to secure a Bounce Back Loan higher in value than a business was entitled to, which by the way is discovered when an Insolvency Practitioner submits his or her report to the Insolvency Service, is still on the rise, and here is another one. […]

Here is another case of a £50,000 Barclays Bounce Back Loan turning sour, after a Company Director over-egged his business turnover to secure that loan, to which he has just been given a 10 year ban. […]

You will understand why Barclays have already had paid out to them over £1.3billion in Bounce Back Loan Guarantee Claims when you read of cases like this one, which has just resulted in the Director named being given a 10 year ban. […]