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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All Eyes Now on the Financial Ombudsman Service for Mass Bounce Back Loan Write-Offs With More Reports of Some Banks Now Taking Pity on Those Who Cannot Repay and Fast Tracking Them for the Government Guarantee

March 2, 2022

I was contacted by the Financial Ombudsman Service yesterday and they told me that as soon as they decide on the cases that Back British Business have sent to them regarding the writing off of Bounce Back Loans, they will not be making them public. For reference this is what
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Lord Callanan Confirms the British Business Bank Are Paying Out Albeit Somewhat Slowly Bounce Back Loan Guarantees Including Around 20% of Suspected Fraudulent Ones

March 1, 2022

Having dragged his heels at releasing a simple set of figures, Lord Callanan yesterday decided to step forward and answer the question put to him on the 9th of February. […]

Company Director Who Fraudulently Applied for a £40k Barclays Bounce Back Loan Gets Slapped with a 10 Year Disqualification

February 28, 2022

Securing a £40,000 BBL when only entitled to get a Bounce Back Loan worth a maximum of £3,060 sees a Company Director hit with a huge 10 year disqualification. Here is an overview of that case. […]

Breakdown of the Data Related to the Number of Bounce Back Loans Currently in Arrears and Duplicate BBLs Issued

February 27, 2022

Baroness Buscombe is currently experiencing just how utterly useless the […]

Having Been Unable to Prove His Business Was Trading and Qualified for a £50K BBL That He Spent on Gambling Activities and Transfers to Individuals, a 10 Year BRO Has Just Been Handed Down to a Supposed Courier

February 26, 2022

It must have been like a lottery win for the individual in today’s case, for once he got his Bounce Back Loan of £50k, which he was not actually able to prove he was eligible for in the first place, he then went on to gamble with the funds and started making transfers to individuals. […]