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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Premium Content

After Working Out That a Company Director Had Over-Egged His Business Turnover and As He Wouldn’t Explain Where the Funds Went from a £35k Barclays BBL the Insolvency Service Slap Him With an 11 Year Disqualification

May 13, 2022

It has been quiet this week regarding Insolvency Service slapping’s handed out to Company Directors that took the insolvency route with a Bounce Back Loan owing with wrongdoing having been discovered with that loan, but one case has just come to light which saw an eleven-year disqualification being handed out. […]

BBL Complaints and Outcomes

HSBC Decline a Customer’s Account Application After a Long Deal Meaning They Couldn’t Access the Bounce Back Loan Scheme the Ombudsman Says The Bank Had the Right to Decline Whoever They Wanted

May 12, 2022

Being one of only a tiny number of banks in the Bounce Back Loan scheme that were accepting new customers, many people did flock to HSBC to try and open an account and then apply for a BBL. This Ombudsman case, which they did not uphold, revolves around a declined account application. […]