British Business Bank

British Business Bank Confirms Bounce Back Loan Lenders Are “Not Mandated” to Offer the Pay As You Grow Options But Simply Are “Expected To Offer Them”

If proof was needed that even now, after the Bounce Back Loan Scheme has come to an end, just how messed up that scheme is and was, it is the revelation by the British Business Bank that lenders that offered those loans are not mandated to offer the PAYG options but are simply expected to offer them. Not everyone is […]

British Business Bank

British Business Bank Appear to be Lying to Journalists and the Guarantees on Greensill Issued Government Backed Loans ARE Still in Place

I have always said there is something not quite right with the British Business Bank, and it has just come to light that the Government Guarantees that are associated with Greensill issued loans are still in place, despite the BBB saying they have been yanked. Are they going to be another domino to fall after Greensill and “Dodgy Dave”? […]

British Business Bank

Sarah Jane Halbard a Director of BBI Ltd a Subsidiary of the British Business Bank Is Also a Director of Another Business with a £100,000 CBILs Loan

I am sure you are still reeling from yesterday’s revelation that the CEO of the British Business Bank has links to a drugs investment firm linked to the son of an Iranian business magnate and that firm is associated with Flu vaccines, and firms that have launched Covid related “vaccines”, well today I will be giving you an insight into another Director that is also a Director of another firm that bagged a £100,000 CBILs loan. […]

British Business Bank

British Business Bank CEO Linked with Drug Firms, Son of an Iranian business magnate and Strange Links to Tide Too and Other Goodies…

I often wonder what type of person you have to be to be linked with a firm that makes money from the suffering of others, and today I will be looking at one such firm, and one that has direct links to the CEO of the British Business Bank, the son of Iranian business magnate, oh and links with Tide, the BBL lender than run out of money and its CEO said he would badger his contacts in Government for dosh (similarly to what Dodgy Dave Cameron is alleged to have done), then magically won a BCR Grant of £25m whilst supported by the BBB. […]

British Business Bank

The British Business Bank ARE Associated with the Bank Referral Scheme and Have Started to Spin It as a Good Thing – You Couldn’t Make It Up

I gave you all a warning back on the 8th of April about the Bank Referral Scheme, and how it pushes vulnerable SMEs declined a Recovery Loan by some of the accredited banks into the hands of Government approved “Loan Sharks”. Well, the British Business Bank are now trying to spin that scheme as a good thing and have given it prominence on their website. […]

British Business Bank

Channel4 News Comes to the Same Conclusion As We All Did About the British Business Bank, they Have Questions to Answer and Will Soon Be Forced To

They say you should never kick a man when he is down, however when it comes to the British Business Bank, they do deserve a good cyber kicking if nothing else, for the horrendous way they have treated SMEs desperate for a Government backed loan, and much like I have been doing for months, Channel 4 News are now looking into some of the stunts they have been pulling. […]

British Business Bank

Grubby Ex-Shadow Chancellor Now CEO of a Debt Collectors Association Openly Tells Lenders the Government and British Business Bank to Stick to a Hard-line Approach with SMEs on Repayment of BBLs

Sadly, with all the sleaze swirling around the Covid Loan Schemes, it is no surprise to hear an Ex-Shadow Chancellor of the Exchequer who, part way through the Bounce Back Loan Scheme, became the CEO of a “Debt Collectors Association” urging the Government, Lenders, and the British Business Bank to stick to a hard-line approach to those who received one of those loans. […]