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

There are literally thousands of pages for you to work your way through, so please take your time, and I guarantee you will find whatever it is you want to know about your BBL. If you would prefer a chat, then feel free to give me a call on my BBL helpline.

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Ombudsman Order NatWest to “Un-Default” a Bounce Back Loan and Reinstate the Repayment Terms the Recipient Initially Signed Up For and Remove Any Negative Credit File Markers and Bung Them £350 Compensation

November 1, 2022

It is the turn of NatWest, who to be fair to them have been handling those unable to repay their Bounce Back Loans with compassion, to feel the wrath of the Ombudsman. This case is one which revolves a BBL they apparently approved due to errors and have now had to reinstate. […]

A Rather Short 6 Year 6 Month Disqualification Given to Director Who Massively Over-Egged His Turnover to Blag a £50k Lloyds Bank Bounce Back Loan and Didn’t Pay it Back and Liquidated the Company

November 1, 2022

As you will see, it didn’t take long for the powers that be to work out the Director named in this case over-egged his turnover, however he has just been hit with a rather short ban, that being just 6 years and 6 months. […]

Months After Ceasing Trading After a Visit From HMRC Director Blags a £50k Bounce Back Loan His Business Was Obviously Not Entitled To and is Slapped with an 11 Year Ban

October 31, 2022

Another story of someone blagging a Bounce Back Loan when not eligible for it, this case as you will see involves a £50k BBL and the Director named is now starting an 11 year ban. […]

10 Year Disqualification for Blagging a Barclays Bounce Back Loan Then a BBL Top-up When Not Eligible and Transferring the Money to Himself and Leaving it Unpaid at Liquidation

October 31, 2022

The number of people who over-egged their turnover to get a Bounce Back Loan is huge, and this case shows what happens when you did just that, and also blagged a BBL top-up and spent the money on yourself and not the business then take the insolvency route. That being a […]

The High Court Shuts Down a Business After Learning Its Director Tried to Unsuccessfully Blag a CBILS But Then Got a £40k Bounce Back Loan and Four Payments worth £20k from the Job Retention Scheme When Not Eligible for the CBILS, BBL or JRS Grants

October 30, 2022

As we are waking up to the news that Liz Truss’s phone had been hacked by Russia, another story that will make you choke on your coffee is this one, which shows just how easy it was for ne’er do wells to blag the BBL scheme and the Job Retention Scheme too. […]