Information has been pouring in about the Bounce Back Loan scheme including repayments, defaults and even those repaying in full, and with that in mind today I will give you a quick insight into what is happening out there, as I know many of you are trying to make sense of it all. Keep in mind that […]
As we are now in month thirteen since the launch of the Bounce Back Loan Scheme, that does of course mean that if you got one of those loans in the first few days of the scheme going live, your first repayment will soon be due. I am however receiving reports that some SMEs have had the full monthly repayment amount taken out of […]
A quick warning for any of you who may need to book the 2 and 8 day Covid tests if you are planning a holiday abroad or a business trip overseas, there are some, what appear to be Government approved rip off merchants out there who will threaten you if you attempt to complain to them (not that they can be contacted speedily anyway) when they fail to deliver the goods. Atruchecks let me down and they may let you down too. […]
I do like the team over at the National Audit Office, for when they get their teeth stuck into something, they will investigate and are never afraid of revealing what they have discovered. They have just announced that they are now planning a follow-up investigation into the Bounce Back Loan scheme, so make sure you give them […]
If proof was needed that even now, after the Bounce Back Loan Scheme has come to an end, just how messed up that scheme is and was, it is the revelation by the British Business Bank that lenders that offered those loans are not mandated to offer the PAYG options but are simply expected to offer them. Not everyone is […]
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