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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Not Using a Barclays £50k Bounce Back Loan for the Benefit of the Business and Using it for Personal Benefit Instead Lands Company Director with a 9 Year Disqualification

August 24, 2022

It didn’t take the Company Director named in today’s case long to empty his Company’s bank account of a Bounce Back Loan that had been paid into it, and for the wrongdoing revealed, he was given a 9-year disqualification. […]

Apply for and Getting Two Bounce Back Loans for His Company and Failing to Explain Where the Funds Went Sees Company Director Given an 11 Year Disqualification

August 24, 2022

Another two Bounce Back Loans have turned sour, with the business owner who applied for them both being given an 11-year disqualification, for not revealing where the funds went and of course applying for two BBLs when his business was only entitled to apply for one. […]

Over-Egging Turnover to Get a BBL and Unexplained Payments to Jet2 Holidays, HW Watches and Louboutin and Leaving Over £47k of that Loan Owing at Liquidation Leads to a 10 Year Disqualification

August 23, 2022

Another day and another long disqualification handed out, this time for the wrongdoing associated with a RBS Bounce Back Loan, and as you will see from this case, questions were left unanswered as to all manner of payments made with funds from that BBL. […]

Living a Life of Luxury for a Short Space of Time Using a £40k Barclays Bank Bounce Back Loan Lands Company Director with a 9 Year Disqualification

August 23, 2022

A nine-year disqualification has just been given to the Company Director named in this case who over-egged his turnover to get a Barclays Bounce Back Loan, and much like many other people, used that loan for personal benefit, and of course left it unpaid at liquidation of his business. […]

With No Accounts Supplied by a Company Director to Explain Whether His Business Was Eligible for a £50k Starling Bank Bounce Back Loan and Where Those Funds Went, He is Given an 8 Year Disqualification at Liquidation

August 23, 2022

Plenty of question were left unanswered by the Company Director in today’s case, but he is now starting an 8-year disqualification for the reasons outlined below. […]