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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Jenny Lomax a Financial Ombudsman Service Ombudsman is Still Mopping Up Complaints About Bounce Back Loan Applications and Here is Another Lloyds Bank BBL Complaint That She Has Decided Not To Uphold

April 16, 2022

You only have to look at the length of time the complaint took in today’s case which relates to a Lloyds Bank BBL application to reach Jenny Lomax who is an Ombudsman at the Financial Ombudsman Service, to realise how messed up that “service” is. Ultimately having been knocked back by a case handler it was passed to her for a final decision. […]

Over-Egging Turnover to Get a Barclays £50k BBL and Stating Those Funds Were Sent to India for Software Development When in Fact Some Were Used For Personal Benefit Lands Company Director with a 7 Year Disqualification

April 15, 2022

Here are the details of another Company Director that took the liquidation route which then exposed all manner of wrongdoing with a Bounce Back Loan which was meant to be used for the economic benefit of the business. Upshot was a 7-year disqualification. […]

A 3 Year 6 Month Long Bankruptcy Restrictions Order Handed Out to Sole Trader for Over-Egging His Turnover to Get a BBL and Spending it on Living Expenses and Buying a Van That He Later Scrapped

April 15, 2022

One of the more lenient slapping’s for wrongdoing associated with a Bounce Back Loan has just been handed out to the sole trader mentioned in the case below, which saw him being given a three and a half year BRO. […]

Company Director Given a 10 Year Disqualification for Massively Over-Egging His Turnover to Get a Lloyds Bank Bounce Back Loan and Not Using It for the Benefit of the Company

April 14, 2022

Declaring that his business had a turnover of way more than it actually was to bag a Lloyds Bank Bounce Back Loan and also not even using the BBL funds for the benefit of his business and leaving it owing at liquidation has seen the Company Director below smacked with a 10 year disqualification. […]

Not Using a BBL for the Economic Benefit of His Business and Over-Egging the Turnover to Get a Lloyds Bank BBL and Leaving It Owing at Liquidation Sees a Company Director Slapped with a 9 Year Disqualification

April 13, 2022

Here are the details of another Lloyds Bank Bounce Back Loan that went bad due to the reasons outlined below, including over-egging of turnover to secure that loan, a 9 Year disqualification has just been handed out to the Director of that business. […]