Other Updates

In this guide you will be able to see the self-reported data by local authorities on the number of Additional Restrictions Grants paid out and the total value of those grants as at 25 April 2021. […]

It has certainly been something of a lottery when it comes to business grants, however today the Government has published the final allocation amounts they have issued to all Local Authorities to distribute as Restart Grants. […]

Those who had asked the British Business Bank for the names of businesses that had secured a CBILS loan were told in no uncertain terms by that organisation to do so could put those businesses at risk, however with scant regard to that dire warning the EU has started to list them on one of their websites.  The same may shortly happen if you got a Bounce Back Loan too […]

As the clock struck midnight last night, bank bosses across the UK probably collectively put out a sigh of relief as that marked the end of the Bounce Back Loan Scheme, but now its time for Rishi and Co to put their thinking caps on, for if additional help and support is not forthcoming, many SMEs will, for want of a better word, be in the sh*t! […]

Just before the start of this Bank Holiday weekend, and with banks having until today, the 31st of May 2021 to process any Bounce Back Loans in the system before the curtain falls on that scheme, BEIS have decided to start promoting another finance scheme for SMEs, that being Merchant Cash Advance which is being offered by […]

The fashion guru and “Westminster hairstyle trend setting” MP, Alok Sharma, he who oversaw the Bounce Back Loan Scheme, has decided the time is right to demand you all start wearing or selling (if you are a clothes retailer), hand me down clothes, or if you operate a beauty salon you must go green, so no more punk or beehive hairstyles held in place with […]

As you may recall I made contact with Charles Leslie from the Credit Services Association in the hope that he could explain the code of ethics and standards that all debt collectors and recover agents signed up to that Association he heads will be expected to adhere to when asked to attempt to recover funds from those defaulting on Bounce Back Loans, and a range […]

I have invited Chris Leslie the Ex-Shadow Chancellor to have a chat with me in the hope he will answer many questions about how the collection agents, that are members of the Credit Services Association, the trade association he is CEO of, will handle any Bounce Back Loan defaults they are sent to try and recover. […]

I noticed that Business Secretary Kwasi Kwarteng was somewhat giddy with excitement as he announced the list of business leaders spearheading the government’s new Help to Grow: Management scheme. Alas when I saw who they were and recall what they have said and done in the past, I am wary about whether that scheme is going to be any use at all. […]

Below you will find an insight into the Government’s response to the COVID-19 pandemic put together by the National Audit Office, it has some interesting insights, into among other things, the Bounce Back Loan scheme that some of you may find of interest. […]