Todays News

Please sit back and have a good look through this section of the website as it lists, in order, starting with the most recent then working backwards, each and every news story and article related to Bounce Back Loans that has been loaded up onto the website

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The Disqualification Files

Company Director Pays Almost £5000 to Get His Company Liquidated, the Insolvency Practitioner He Paid Spots BBL Wrongdoing and, as is Required by Law, Compiles and Sends a Confidential Report Behind His Back to the Insolvency Service Who Give Him a 10 Year Ban

June 21, 2023

This case involves a Bounce Back Loan Issued by Barclays and due to the Company Director named over-egging his turnover to get a BBL he is today the 21st of June 2023, starting a 10 year ban. […]

BBL Complaints and Outcomes

Ombudsman States, “the Use of Various Terms, Seemingly Interchangeably – “Carrying on Business”, “Commercial Activity”, “Trading Activity” and “Trading” – Complicates Matters Further” When Ruling on a BBL Complaint Against NatWest

June 17, 2023

Whilst the complainant in this case did not get what they wanted, the Ombudsman did uphold the award of compensation. It is the reference to the rules on business turnover to get a BBL that caught my eye. With the Ombudsman implying they were very messed up and confusing: […]