Both NatWest and Starling Bank Approve and Payout a £25k Bounce Back Loan to a Business That Had Zero Turnover and Wasn’t Trading, Its Director is Given an 11 Year Ban for Blagging 2 BBLs and Leaving them Owing at Liquidation
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Corruption Commissioner
HMRC, Cabinet Office and the Department of Business and Trade Have Now Flagged Bounce Back Loan Recipients Whose Actual Turnover Didn’t Match Their BBL Application and/or LTD Companies Who Were Not Registered for VAT But Declared a BBL Turnover Figure That Required VAT Registration