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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The Disqualification Files

7 Year BRO’s Handed Out to Two Sole Traders Who Were Found to Have Done Some Form of Wrongdoing to Get or When Using a Bounce Back Loan

April 2, 2022

New figures released by HM Treasury show that £1.6billion in Bounce Back Loans guarantees have so far been called upon by lenders, of which 6176 guarantees worth £203million has been paid out to them. They believe though, that 1860 of them worth £73million are for suspected fraudulent ones. As to what they deem fraudulent, well here are two new cases that […]

The Disqualification Files

7 Year Ban for Business Owner Who Over-Egged Turnover to Get a Bounce Back Loan and Spent Most of It Gambling and a 9 Year Ban for Another Who Bagged Two BBLs That He Was Not Entitled To Part of Which Were Used for Personal Benefit

March 30, 2022

The following two cases sees my BBL defaults tracker shoot past the 400 mark, that tracker lists those who have been found to have done some form of wrongdoing related to a Bounce Back Loan and have been slapped with a disqualification/ban/bankruptcy restrictions order. […]