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Financial Ombudsman Tells Bank of Ireland To Pay SME Just £250 For CIFAS Marker They Registered Against Him Which Resulted in a Bounce Back Loan Application Being Declined – SME Claims He Lost £15k as a Direct Result of that Marker

November 9, 2021

During the time the Bounce Back Loan Scheme was live, I chatted to a number of people who had been declined a BBL due to a bank, at some point in the past, and often unknown to them, registering a fraud marker against their name with CIFAS. Whilst getting erroneous and unfair […]

HSBC Declined SME a Feeder Account So They Were Unable to Access the Bounce Back Loan Scheme – Financial Ombudsman Rules the Bank Did No Wrong and Does Not Uphold the Complaint

November 8, 2021

It was always going to be a lottery, and some would say a rigged one as to whether all business owners who wanted a Bounce Back Loan would go on to get one, much more so with only a tiny handful of the lenders involved in that scheme accepting […]

Lord True CBE Who Voted AGAINST Extra Protection for Bounce Back Loan Borrowers Has Written to Me in Reply to My Complaint to Boris About Rishi Sunak and Alok Sharma’s Mishandling of the BBL Scheme

November 7, 2021

A quick update today about the complaint that I sent to Boris about both Rishi Sunak and Alok Sharma and their mishandling of the Bounce Back Loan Scheme. Well Lord True CBE has written to me, and as you can see from his reply to me it […]

Company Owned by Popular Comedian Bobby Davro Goes to the Wall Taking a NatWest Bounce Back Loan With It – That Toxic Debt and the Madness Surrounding It Needs Addressing

October 31, 2021

Those with a Bounce Back Loan often keep that loan a secret from others, but some celebrities or even MPs are not afraid to let it be known they have a shareholding or outright ownership of a business that has or had a BBL, such as Craig Mackinlay the Conservative MP for South Thanet who is a partner in an Accountancy firm that secured a BBL. Whilst MPs are probably going to have no problem paying back that loan […]

NatWest Fire Out a Paltry 364 Recovery Loans worth £30m with CEO Alison Rose Appearing Chirpy That Her Bounce Back Loan Book is Performing Well

October 31, 2021

Some interesting facts and figures have been released by a chirpy Alison Rose CEO of NatWest relating to both Recovery Loans and Bounce Back Loans. But as you would expect those figures leave more questions to be answered, I suspect that her chirpiness will soon wane as SMEs start to default. […]