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Finding Business Tough at the Minute? Discover How You Can Bid for Government Contracts Some of Which Will be Tailored at Your Business Type and Can Be High in Value Too

Looking for new customers can be a never ending and sometimes daunting task, however with organisations such as the British Business Bank offering contracts worth £75,000 for “Social Media Support”, £89,209 for “cleaning services” for their Sheffield office and even contracts worth £40,000 for “courier services” and £40,000 for “catering services”, that being keeping their staff fed and watered during meetings, you should consider applying […]

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Four More Recovery Loan Lenders Accredited on the Day Two British Business Bank Bosses Are Dragged Over the Coals by the Public Accounts Committee Investigating the Greensill Saga

The phrase “lessons will be learned” is one you are going to hear quite a lot of moving forward, much more so when it comes to the Government backed loan schemes, and yesterday it was rolled out several times during a Public Accounts Committee meeting in which they had sat before them a couple of hapless bosses of the British Business Bank. […]

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Liquidator Unable to Determine When a Company Started and Ceased Trading and Whether Turnover Was Correct or Over-Egged when Director Applied for a £48,750 BBL – Outcome Director Disqualified for 7 Years

The list of Company Directors being handed long disqualifications when winding up their companies is growing, and will no doubt continue to grow moving forward, much more so with the new Bill working its way through Parliament that aims to punish those winding up companies “dubiously” when there is a BBL involved. Here is another one I have come across which saw a Company Director being disqualified for 7 years. […]

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Tide Bang the Final Nail in the Coffin for Many of Their BBL Recipients Whilst Rishi Sunak, Kwasi Kwarteng, Paul Scully and Members of the House of Lords Who Get Paid by Tide Swan Off on Holiday

Many of you are more than aware of the stunts that Tide pulled with their Bounce Back Loan scheme, dodgy waiting lists, running out of money, bagging a £25m BCR Grant etc, well now they have stuck two fingers up to the few customers who managed to get a BBL from them, telling them they can do one and get stuffed if they think they are going to get access to the Pay As You Grow Options that Rishi Sunak has said are automatic and so easy to get. […]

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Another Company Director Disqualified for Over-Egging Turnover and Not Supplying Proof That a Bounce Back Loan Was Used to Benefit His Business

The list of Company Directors given a slap by the Insolvency Service continues to grow and at pace, and today I am taking a look at another one who has just been disqualified for a whopping 11 years for over-egging his business turnover to bag a BBL whilst not being able to prove the funds were used to provide economic benefit to his business. The chap in question is […]

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HSBC Now Offering Not Only Cash Compensation to Those They Have Completely Messed Up the BBL PAYG Options for, But Are Now Offering a Couple of Months Breathing Space Too

It appears that HSBC have certainly been telling huge, big lies to their customers, in fact I have now received a plethora of complaints about them which are similar to my experience with that Pound Shop Bank. They are offering cash compensation to make the problem go away but are also offering “beathing space” for those they have messed about which is […]

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Delays to Pay As You Grow Options Continue with Barclays Bank Staff Admitting “It’s All Messed Up” and HSBC Are Now Checking Kinetic Accounts and Closing Some of Them and Requesting Repayment of BBLs

It is good to see some decent bank staff out their finally admitting the Bounce Back Loan scheme, even at this stage of the game with repayments now due is messed up, and Barclays employees are admitting just that, HSBC on the other hand though are now double checking Kinetic account BBL’ers and closing some of those accounts and demanding repayment of many BBLs acquired through those accounts too, take a look at the letters they are sending out. […]

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Fancy a Job Untangling the Mess That is Bounce Back Loans? Well One Bank is Looking for You!

Got to love the brass neck of some banks, many of them have made a complete hash of the entire Bounce Back Loan scheme, and it is of course SMEs across the land that have suffered due to their mistakes, errors, and downright stubbornness to admit they have messed up. One bank is now looking for someone to correct those errors, albeit late in the day and the details of that job are […]