BBL Complaints and Outcomes

HSBC Snatches Back a £50k BBL, Closes Customers Account, Drags Feet Sending Them £54k Cheque for Remaining Funds, Customer Unable to Open Another Account and Cash Cheque – Ombudsman Happy and Says That Is Fair

If you are unhappy with the decision made regarding a complaint that you have sent in to the Financial Ombudsman Service you can ask for it to be reviewed, and when you do so it will be sent to an Ombudsman rather than a case handler to be determined. Today I look at one such case which saw a customer left with a cheque they couldn’t cash and a BBL snatched back. […]

Misconduct in Public Office

I Have Received an Unreserved Apology for an Error Made by Government Lawyers Surrounding the Bounce Back Loan Scheme. Having Suffered Direct and Indirect Financial Loss I Am Now Seeking Compensation as Per (PSHO) Published Principles for Remedy

Another quick update as I have a very busy few days ahead. I received, from HM Treasury yesterday, an unreserved apology regarding an error made by Government Lawyers surrounding the legalisation on Bounce Back Loans, as you can see in the letter below. My next course of action is to seek compensation for both […]

Premium Content

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?

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 […]