Daily Update – Mr Bounce Back – Bounce Back Loan News – Updates

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[ September 24, 2023 ] Where Are The Missing £Billions from the Bounce Back Loan Performance Figures? – Yes, You Guessed It, They Are the Kept Secret BBL Defaulter “Mega Discounts”, BBL Write-Offs, Bank Cock-Ups and Disqualified Directors Haggling a Final Repayment Amount for Uncovered BBL Abuse Todays News
[ September 22, 2023 ] We Have Seen Bounce Back Loans Going to ISIS, and Now They Appear to Also Have Been Given to a Beautician Accused of Being a Russian Spy – It Also Looks Like She Over-Egged Her Estimated Turnover to Get That BBL Too Todays News
[ September 22, 2023 ] Company Director Given a 7 Year Ban Which Starts Today, for Using Funds From Her Restaurants’ Bounce Back Loan for Personal Use, But Could Be About to Face Some Jail Time for Breaching the Companies Act 2006 The Disqualification Files
[ September 22, 2023 ] Company Director Whose Last Known Address Was In Taiwan Gets a 6 Year Ban for Using Funds from a £50,000 NatWest Bounce Back Loan for Personal Use – NatWest Manage to Snatch Back Just £5 and 5p The Disqualification Files
[ September 21, 2023 ] Director of Two “Uber” Private Hire Businesses That Were Not Trading and Had Submitted Dormant Accounts Slapped with an 11 Year Ban for Blagging a £50k BBL From Starling a Bank and a £50k HSBC BBL, Both of Which Were Not Repaid The Disqualification Files
[ September 21, 2023 ] Vehicle Hire Company Goes to the High Court to Get a Freight Company Wound-Up for Not Paying Them, Which Is Granted, It Is Then a £50k BBL Obtained By Over-Egging Turnover is Discovered Which Leads to a 7 Year Ban The Disqualification Files
[ September 21, 2023 ] Sole Trader Whose Last Known Address Was in Cyprus Given a 9 Year Bankruptcy Restrictions Order for Over-Egging Her Business Turnover to Get a £15k Bounce Back Loan and Not Using the Funds for Her Business The Disqualification Files
[ September 20, 2023 ] Step by Step Guide to Taking The Liquidation Route With a Limited Company That Still Owes a Bounce Back Loan, Whilst Wary of Any Possible Wrongdoing You May Have Committed When Applying for or Spending That BBL BBL and Liquidation
[ September 20, 2023 ] The Over-Egging of Business Turnover to Get an HSBC £50,000 Bounce Back Loan and Lots of Cash Withdrawals From Those BBL Funds Leads to a 10 Year Director Disqualification – HSBC Managed to Snatch Back Just £26 the Rest Was Left Unpaid The Disqualification Files
[ September 20, 2023 ] Another Kebab Shop Owner Given a 10 Year Ban, This Time for Transferring Funds From His Company’s Barclays £50k Bounce Back Loan to Himself, His Large Turnover Figure Used for the BBL Application Led to the Uncovering of the Fact He Wasn’t Even VAT Registered The Disqualification Files
[ September 20, 2023 ] Government Keeps Quiet on Failings of HSBC (Who Pay Sajid Javid MP £30k Per Speech), That Led to a Kebab Shop Owner (Sajid Has Also Been Gifted Free Tickets to the Kebab Awards) Getting a BBL From HSBC and TSB For His One Company Worth £100k in Total, Neither of Which Were Repaid The Disqualification Files
[ September 19, 2023 ] Multiple Prosecutions Resulting in Prison Sentences Have Spurred the Insolvency Service On To Take To Court Those Who Managed to Get a Voluntary Dissolution or a Compulsory Strike Off Without Repaying Their Bounce Back Loan BBL Wrongdoing
[ September 19, 2023 ] The Hunt Continues for Group Companies That Applied for Bounce Back Loans As Different Subsidies Rather Than As a Single Group Entity As The British Business Bank Identified That As a Major BBL Fraud Risk BBL Wrongdoing
[ September 19, 2023 ] The Government Finally Act on Rogue Insolvency Practitioner Firms to Ensure They Do Not Cheat, Lie, or Scam and Otherwise Fail Company Directors Many Of Whom Have Bounce Back Loans or The Creditors Thereof When Taking the Liquidation Route BBL Wrongdoing
[ September 19, 2023 ] Sole Traders Who Blagged More Than One BBL Fraudulently and Individuals Who Invented Businesses Face Long Bankruptcy Restrictions Orders at Least When Taking the Bankruptcy Route and Slowly But Surely They Are Being Tracked Down BBL Wrongdoing

September 25, 2023

Less Than 48 Hours Left to Apply for a Bounce Back Loan or a BBL Top Up

March 30, 2021

They do say “all good things must come to an end”, and I will leave it up to you to decide if the Bounce Back Loan scheme could ever be called “good”, however that scheme […]

Could a Bounce Back Loan MKII Scheme Still Be on the Cards?

March 27, 2021

I have been wondering, dear website visitor, why has Rishi planned to launch the Recovery Loan Scheme with a £25,000 minimum loan amount? Why has he structured it in much the same way as the […]

Got a BBL? You Will Be Getting One of These

March 25, 2021

Just a quick update, I have been contacted by many people in the last few hours, it appears if you have a BBL you will be getting an email/letter shortly which is an update on […]

Another 30,629 SME’s Secured a Bounce Back Loan

March 25, 2021

The last but one set of official figures have just been released regarding the number of Bounce Back Loans that have been approved to date. At the last previous count covering the 4th of May […]

What Next for the Weeks and Months Ahead?

March 24, 2021

The clock is quickly ticking down now until midnight on the 31st of March, and that is of course the time and day when the curtain finally falls on the Bounce Back Loan Scheme. With […]

The Calm Before the Storm Bounce Back Loan Defaults, Repayments and the Recovery Loan Scheme

March 17, 2021

Just a quick update, as you will all be more than aware the curtain is about to fall on the Bounce Back Loan scheme, then six days after it closes the Recovery Loan scheme will […]

British Business Bank – One Final Act of Betrayal of SME’s

March 5, 2021

I thought I had seen everything with Bounce Back Loans, but yesterday I saw once again how the British Business Bank has once again betrayed SME’s across the UK. Back on the 1st of February […]

SEISS 4 and SEISS 5 – The small print and eligibility criteria

March 4, 2021

The UK Government has today announced that the Self-Employment Income Support Scheme (SEISS) will continue until September with a fourth and fifth grant. We will contact customers who may be eligible for the fourth SEISS […]

New Recovery Loan Scheme What we Know So Far

March 3, 2021

Latest update on the Recovery Loan Scheme From British Business Bank: At Budget on 3 March 2021 the government announced that the Recovery Loan Scheme, a new debt finance programme, would launch on 6 April […]

Bounce Back Loan Poll Results Over the Last 10 Months

March 1, 2021

It will have been 10 full calendar months this coming Thursday that the Bounce Back Loan scheme has been up and running, and during that time I have put up many different polls on my […]