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Having Warned of the Dire Consequences of Naming Future Fund Recipients the British Business Bank Go Ahead and Do Just That. What Next, Forehead Tattoos for BBL Recipients?

September 17, 2021

Anyone that has ever requested from the British Business Bank the names of businesses that have received any type of Government backed loan such as a Bounce Back Loan, CBILs or even the names of businesses that have been awarded money from the Future Fund will have been refused that information and will have been told by them of the dangers of naming those businesses. So it was with surprise […]

Barclays Lock BBL Customer Out of Their Account in Aug 2020 for an “Account Review” and Finally Completes It and Unlock Account in Dec 2020 – Financial Ombudsman Does Not Uphold Complaint and Thinks That Is Fair!

September 16, 2021

When I come across stories such as today’s, I can understand why anyone with a Bounce Back Loan would remove the funds from that loan completely from their business bank account along with any other funds held in their account, rather that risk a bank unfairly locking their account or even snatching those funds back. I have seen plenty of examples of both recently. […]

Financial Ombudsman Rules Barclays Were Acting Correctly When They Snatched Back £36k of a £50k BBL That One of Their Customers Had Left in Their Business Account – One of Many Snatchback Complaints Going Through the System

September 15, 2021

Bounce Back Loan snatch backs are commonplace, I have seen no end of people being told weeks or months after getting a BBL that their bank accounts are locked pending a review, then being told any and all funds in their accounts have been grabbed by the bank and a demand going out for full repayment of the BBL less the funds grabbed. The Financial Ombudsman is the only […]

Request for Subscribers to Offer Any Additional Input into this Updated/New Misconduct in Public Office Related Complaint Prior to Me Submitting It

September 11, 2021

A quick update for those of you eager to find out how my complaint regarding misconduct in public office has progressed. Well, I was contacted by the police who advised me I need to take the complaint to the Home Office. That I did, but late on Thursday night I was contacted by the following Government Department informing me they would accept the complaint. That was the […]

HM Government Lawyers See Sense and Contact Me and Explain Who I Can Complain To Regarding Their Apparent Bounce Back Loan Legislation Error

September 7, 2021

I received communication from the Office of the Parliamentary Counsel yesterday, who having first said they had no resources to advise me, decided a tweet I sent did warrant their valuable time and a response, to which they have given me details of who I can complain to regarding their apparent BBL legislation error and as such here is the complaint. […]

Additional Submission for the National Audit Office’s Second BBL Investigation – Sent in By Someone Seeking Clarification – Dormant Companies and Bounce Back Loans

September 6, 2021

My inbox lit up with people asking for me to add additional submissions for the National Audit Office’s second investigation into the Bounce Back Loan scheme, as such here is an interesting one regarding dormant companies and BBL’s that I have just drawn to the NAO’s […]

The Elephant in the Room – BBL Turnover Figures – I Have Made the Following Additional Submissions to the National Audit Office for Their BBL Investigation As They Need Addressing

September 5, 2021

Having now spoken to more people than I can remember about Bounce Back Loans and the problems they experienced and still are experiencing; I have made the following additional submissions to the National Audit Office […]

FCA Demanding Bounce Back Loan Lenders Report “Over-Egged” Turnover That Is Identified and Comes to Light AFTER Recovery and Collection Activities Begin

September 4, 2021

Another week of madness has come to an end, and today I want to draw your attention to what the Financial Conduct Authority are telling Bounce Back Loan lenders to do regarding over-egged turnover, when collections start and/or they start taking action against those defaulting on their loans. The rules of the BBL scheme were confusing for most people, and banks complained they had no rule book and mistakes were made on the Government website, and […]

The Barefaced Hypocrisy of the British Business Bank Knows No Bounds, They Warn of Dangers of Naming BBL Recipients Then Do So Themselves

September 3, 2021

With their self-imposed deadline to reveal just how many Recovery Loans have been approved fast approaching, the British Business Bank have started to name those who received one and some of those with BBLs too after warning of the dire consequences of doing so. You couldn’t make it up. If you ask the […]

The Office of the Parliamentary Counsel Confirm Royal Assent Can Be Used to Backdate a Bill/Act But Refuse to Answer Further Questions About an Error They Seemingly Made Regarding BBL Legislation

September 2, 2021

I contacted the team of Government lawyers whose job it is to draft, clear, effective, and readable law, as I had some questions about the way the Bounce Back Loan scheme was launched including the removal of legal rights for those applying for those loans, and the glaringly big “error” they apparently made when drafting that questionable legislation. […]