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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Company Director Claims His Business Should Not Have to Repay a NatWest Bounce Back Loan as an Account Signatory Fraudulently Applied and Spent It – Ombudsman Says You Knew, Repay It

July 15, 2022

A rather bizarre case for you to take a look at today and one in which the Ombudsman weighs up the facts, separates fact from fiction, and doesn’t uphold the complaint, for the reasons stated. […]

A 7 Year Disqualification Has Just Been Handed Out to a Company Director Who Got a £50k Santander Bounce Back Loan for a Business That Wasn’t Trading Had No Turnover, and She Didn’t Use it for the Benefit of that Business

July 15, 2022

The Company Director in today’s case, nearly had a full house of Bounce Back Loan wrongdoing as you will see and has just been slapped with a seven year disqualification. […]

A Modest 4 Year Disqualification for Another Company Director Who Got a Bounce Back Loan But Didn’t Use It For the Benefit of His Business

July 14, 2022

There is no let up in the number of Company Directors currently being hit with disqualifications of varying lengths for some form of BBL wrongdoing after taking out one of those loans and leaving it owing at liquidation, and today’s case saw a somewhat lenient 4 year disqualification being handed out. […]

Massively Over-Egging His Business Turnover and Admitting Using a Bounce Back Loan for Personal Use Sees Company Director Hit with a 9 Year Disqualification

July 13, 2022

They do say honesty is the best policy, and after holding his hands up and admitting he used a £35k Bounce Back Loan from Barclays for personal use and as it was discovered his business turnover was nowhere near the required amount to get a BBL of that value, a Company Director gets slapped with a 9-year disqualification. […]

6 Year Disqualification for Company Director Who Used a £50k Lloyds Bank Bounce Back Loan for Personal Benefit

July 13, 2022

The Insolvency Service sure are going to be busy moving forward, in fact their workload has been somewhat boosted recently with the number of Company Directors who wound up their businesses with a Bounce Back Loan owing. That always sees a full investigation into whether the business was eligible for the BBL and whether it was used correctly. Here is an overview of a recent case which resulted in a 6-year disqualification when BBL wrongdoing was discovered. […]