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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Using Over £40k of a £50k Lloyds Bank Bounce Back Loan for Personal Benefit and Leaving it Owing at Liquidation of His Company Results in a 6 Year Disqualification

September 7, 2022

No wonder Lloyds Bank are now admitting that they suspect a huge number of their Bounce Back Loan recipients blagged a BBL off them or suspect them of some other form of wrongdoing, when you read through this case, in which one of their customers has just received a 6-year disqualification. […]

Insolvency Service Slap a Company Director With a 6 Year Disqualification As They Couldn’t Work Out Whether His Company Was Eligible for a £50k Bounce Back Loan and Where It Went.

September 6, 2022

By not delivering to a Liquidator or in the alternative not maintaining and/or preserving accounting records, leaves the Insolvency Service with a problem when a Company takes the insolvency route with a BBL owing, as they cannot work out whether the Company was eligible for that loan and cannot work out where it went. Which in the case below, led to them slapping a Company Director with a 6 year disqualification. […]

New Figures Reveal Over 29% of All Bounce Back Loans Have Already or are Showing Signs of Being Defaulted On Including Some Which Lenders Have Silently Written Off

September 6, 2022

What better day to release the latest facts and figures about Bounce Back Loans, than on the day the new Prime Minister is announced, and it was yesterday at around 5pm those figures were released, which as you will see below, they reveal some shocking facts about the BBL scheme and current status of many loans. […]

Two Co-Directors Hit with a 4 Year and 3 Year 6 Month Disqualification for All Manner of Wrongdoing Which Ultimately Saw a Barclays £50k Bounce Back Loan Left Unpaid

September 6, 2022

Another Barclays Bounce Back Loan has turned sour in this rather long and drawn-out case. […]

Blagging a Barclays Bounce Back Loan by Over-Egging Turnover Sees Director Hit with a 6 Year Disqualification

September 5, 2022

A six-year disqualification has just been handed out to the Director named in this case for over-egging the turnover of his business to get a bigger BBL than his Company was entitled, and transferring most of it to himself. […]