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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Metro Bank Snatch Back Another Bounce Back Loan As It Suspected a Company’s Estimated Turnover Wasn’t Correct, and Suspected It Was Not Trading on March 1st 2020 – Ben The Ombudsman Sides With the Bank

February 3, 2022

Here are the finer details of another recent BBL related complaint, in which Metro Bank snatched back a Bounce Back Loan and an FOS caseworker then a real Ombudsman both decide the bank were entitled to do so. […]

Despite Proving His Business Turnover Was Higher Than the Initially Declared Figure, Ben the Ombudsman Decides Lloyds Bank Were Right to Decline a BBL Applicant the Ability to Amend It

February 2, 2022

Another case today involving an incorrectly entered turnover figure when someone applied for a Bounce Back Loan. As you will see, even when proving beyond any doubt that an error had been made, Ben the Ombudsman says rules are rules and Lloyds Bank had to go with the incorrect figure. […]

Whilst Lord Callanan from BEIS Was Giving an Update and Listing the Action Taken Against Those Abusing the Bounce Back Loan Scheme Lord Purvis of Tweed Drops a Shocking Revelation About Tory Donors and Links to Lord Callanan

February 1, 2022

In the House of Lords yesterday, during a debate on […]

We Wave Goodbye to Another Three Bounce Back Loans Worth Over £97,000 As Four More Company Directors are Hit With Disqualifications for Wrongdoing

January 31, 2022

Here are some more cases that have recently gone before the Insolvency Service, all of them involve Bounce Back Loans and each Company Director named has, as usual, been hit with a disqualification. […]

Jenny Lomax the Ombudsman Confirms the Idiots That Designed the Bounce Back Loan Scheme Made No allowances For Amending an Incorrectly Entered Turnover Figure and Makes HSBC Pay Compensation for Lying and Saying a Customer Could Do So

January 30, 2022

It’s a terrible situation when banks tell great big wobbly lies to their customers, much more so when they relate to the Bounce Back Loan scheme. Today’s case saw HSBC being given a slap and having to pay compensation for telling lies […]

Todays News

Metro Bank Snatch Back Another Bounce Back Loan As It Suspected a Company’s Estimated Turnover Wasn’t Correct, and Suspected It Was Not Trading on March 1st 2020 – Ben The Ombudsman Sides With the Bank

Despite Proving His Business Turnover Was Higher Than the Initially Declared Figure, Ben the Ombudsman Decides Lloyds Bank Were Right to Decline a BBL Applicant the Ability to Amend It

Whilst Lord Callanan from BEIS Was Giving an Update and Listing the Action Taken Against Those Abusing the Bounce Back Loan Scheme Lord Purvis of Tweed Drops a Shocking Revelation About Tory Donors and Links to Lord Callanan

We Wave Goodbye to Another Three Bounce Back Loans Worth Over £97,000 As Four More Company Directors are Hit With Disqualifications for Wrongdoing

Jenny Lomax the Ombudsman Confirms the Idiots That Designed the Bounce Back Loan Scheme Made No allowances For Amending an Incorrectly Entered Turnover Figure and Makes HSBC Pay Compensation for Lying and Saying a Customer Could Do So

As We Wait for the Strike Off/Dissolution Unblocking Mechanism for LTD Companies with an Unpaid BBL to be Put in Place, Here is an Insight into the Options, Problems, Risks and Possible Solutions Currently Being Discussed and Evaluated by the Powers that be

What to do if Your Bounce Back Loan Mischief, Skulduggery or Even a Simple Mistake When Applying for it Comes Back to Haunt You in 2026 – Plus Dates and Schedules for BBL Enforcement Action and Write-Offs Coming This Year

Here is a Copy of the Letter the Public Sector Fraud Authority Have Sent Out to The Initial Batch of Suspected Bounce Back Loan Blaggers – Check to See What They Offer You and/or the Threats They Use and the Timeline You Have