Todays News – Page 140 – Mr Bounce Back – Bounce Back Loan News – Updates

Barclays Decide to Close a Customers Account and Demand They Repay Their Bounce Back Loan in Full – Ombudsman Says It’s Permitted by the Banks Terms and Conditions So That’s The End of the Matter

October 10, 2022

As you can see from the outcome of this case, it is yet another in which the Ombudsman permits a bank, this time Barclays, to close a customers account and demand they repay their Bounce Back Loan due to the bank having terms and conditions which state they can do just that, often terms and conditions borrowers never read or saw. […]

Having Worked Out That a Company Director Had Over-Egged Her Turnover to Get a NatWest £50k Bounce Back Loan and Left It Owing at Liquidation the Powers that Be Decide a 10 Year Ban is in Order

October 7, 2022

As you will see from the name of her aptly named Company, the Director named below certainly got into a hotspot having over-egged her turnover to get a Bounce Back Loan from NatWest and is now starting a 10 year ban for her wrongdoing. […]

Not Using Their Company’s NatWest Bounce Back Loan in Full For the Benefit of the Business and Instead Splashing Out on New Cars Not Listed as Company Assets Sees Co-Directors Being Given 6 Year Disqualifications

October 6, 2022

Having taken the Insolvency route with a £50k Bounce Back Loan still owing, it was discovered that the Co-Directors named below had splashed out on two new cars, which were not listed as Company assets. […]

Two Ex-Ministers for Small Business Keep Quiet and Give No Official Response On The Government Ditching That Role

October 5, 2022

I did ask both Jane Hunt MP and Paul Scully MP what was going on when I noticed the role they had both previously held, that being the Minister for Small Business, has been removed […]

After Over-Egging Turnover to Get a £50k Barclays Bounce Back Loan and Not Using It For the Benefit of Her Pub, and Leaving it Owing at Liquidation a Company Director is Given a 9 Year Disqualification

October 5, 2022

The usual story is outlined below of someone over-egging their business turnover to get a much larger Bounce Back Loan than their business was entitled to and not using that loan for the benefit of the business, as a result the Company Director named is now starting a 9 year ban for the highlighted wrongdoing. […]

Ombudsman Gives His Outcome On Two More Complaints About HSBC In Which The Complainant Suggests Their Bank Accounts Were Closed and Bounce Back Loans Snatched Back on the Grounds of Discrimination

October 5, 2022

Alex Brooke-Smith the Ombudsman has on one single day, given an official outcome on four cases all of which saw a complainant suggest that HSBC had closed their bank accounts and had their respective Bounce Back Loans recalled based on discrimination. […]

Another HSBC Customer Gets His Bounce Back Loan Snatched Back by HSBC and Once Again the Ombudsman Says They Cannot Determine Whether if it is in part on the Grounds of Discrimination and Doesn’t Uphold the Complaint

October 4, 2022

Have a read of the following case, as it is another HSBC Bounce Back Loan related complaint in which the complainant asks whether their treatment was in part due to their Nationality. […]

HSBC Closed a Customers Accounts, Snatched Back Every Penny to Offset the Bounce Back Loan They Issued, the Ombudsman States They Acted Fairly But it’s the Courts Duty to Decide if They Discriminated Against Him on the Grounds of His Nationality

October 4, 2022

Yet another case to present to you today of HSBC deciding to close one of their customers bank accounts, and snatch back all funds in the accounts to repay a Bounce Back Loan they also decided that customer was no longer having from them. Here is the judgment of the […]

With No Evidence His Company Was Trading and Having Bagged a £47k Yorkshire Bank Bounce Back Loan Which Was Left Unpaid at Liquidation a Company Director is Now Starting an 11 Year Ban

October 4, 2022

Yorkshire Bank or Virgin Money as they are now known, have put in plenty of Bounce Back Loan guarantee claims recently, and they will no doubt have had the one in the case outlined below at the top of their guarantee claims list of, which saw the Company Director who blagged that loan being given an 11 year disqualification. […]

Second Cost of Living Payment £324 Will Be Sent Out from 8th of November 2022 through to 23 November 2022

October 3, 2022

Over 8 million households are set to receive an additional £324 as part of the government’s Cost of Living support package. The £324 Cost of Living Payment, which follows on from a £326 payment made […]