News Ticker
  • [ January 27, 2022 ] Newport Bankrupt Abused Bounce Back Loan to Fund Drug Habit The Disqualification Files
  • [ January 27, 2022 ] A Santander, Lloyds and Would You Believe a Coutts Bank Bounce Back Loan All Go Sour Leaving Rishi to Fork Out £98,000 in Guarantees – Three Directors are Hit with a 6, 7 and an 11 Year Disqualification Respectively for BBL Wrongdoing The Disqualification Files
  • [ January 26, 2022 ] The Letter from Lord Agnew to Lord Smith of Kelvin, Chairman, British Business Bank That Was Ignored Todays News
  • [ January 26, 2022 ] Statement by Rishi Sunak Regarding the “Writing Off” of Fraudulent Bounce Back Loans Hot Topic
  • [ January 26, 2022 ] Lord Agnew Not Only Voted Against More Protections for Bounce Back Loan Borrowers But Even Has Shares in One of the BBL Lenders Snouts in the Trough
  • [ January 26, 2022 ] Applying For and Getting a £40k Bounce Back Loan for a Business That Wasn’t Trading Lands a Company Director with an 11 Year Disqualification The Disqualification Files
  • [ January 25, 2022 ] Insolvency Service “Estimate” 9,733 Companies in England, Wales and Scotland Entered Insolvency Between 1 May 2020 and 31 October 2021 with a Bounce Back Loan Owing Todays News
  • [ January 25, 2022 ] Minister of State for HM Treasury Lord Agnew Throws a Massive Hissy Fit in the House of Lords and Drops the Mother of all Bombs on the Bounce Back Loan Scheme – Popcorn Time Folks Hot Topic
  • [ January 25, 2022 ] Another Case of Estimated Turnover Being Too High Results in a Company Director Getting an 8 Year Disqualification for Taking the Insolvency Route with a £50k NatWest Bounce Back Loan Left Owing The Disqualification Files
  • [ January 24, 2022 ] The Webinar “Update on Challenging Your Bounce Back Loan” is Now Live Back British Business
  • [ January 24, 2022 ] The Bounce Back Loan Scheme Has Just Imploded Todays News
  • [ January 24, 2022 ] HSBC Payout a Bounce Back Loan in Error and the Ombudsman Decides Their Decision to Snatch It Back was Fair – Let’s Hope the Bank Didn’t Blag the Interest Taxpayers Paid on that Dodgy BBL BBL Complaints and Outcomes
  • [ January 23, 2022 ] NatWest Snatch Back a Customers Bounce Back Loan and Close His Account – Liam the Ombudsman Say They Can Do That and Your Complaint is Not Upheld BBL Complaints and Outcomes
  • [ January 22, 2022 ] Secretary of State for Business, Energy & Industrial Strategy Tells Local Councils to Hurry Up Distributing Omicron and ARG Grants Todays News
  • [ January 21, 2022 ] Financial Ombudsman Service Admits to Splattering on the Internet the Name of a Business Who Sought Their Help With a CBILS/BBL Related Complaint – Can We Trust Them to Not Do It Again? Todays News
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January 28, 2022
HomeBBL Complaints and OutcomesExisting Personal Account Holder Refused a Feeder Account for a Bounce Back Loan by HSBC for His Business, But the Ombudsman Says the Bank Did Nothing Wrong and Tosses Aside the Complaint

Existing Personal Account Holder Refused a Feeder Account for a Bounce Back Loan by HSBC for His Business, But the Ombudsman Says the Bank Did Nothing Wrong and Tosses Aside the Complaint

December 28, 2021 BBL Complaints and Outcomes, Premium Content, Todays News
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Previous

5 Year Disqualification for Failing to Maintain and/or Preserve Adequate Accounting Records Which Meant Insolvency Service Unable to Work Out if a Local Council Covid Business Grant Was Used as a Legitimate Trading Expense

Next

After First Refusing to Uphold a Barclays Customer Complaint Regarding an Error That Left a Sole Trader Unable to Access the BBL Scheme the Ombudsman Increases the Compensation from £100 to £300 After an Appeal

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Latest Website Updates

  • Newport Bankrupt Abused Bounce Back Loan to Fund Drug Habit
    January 27, 2022
  • A Santander, Lloyds and Would You Believe a Coutts Bank Bounce Back Loan All Go Sour Leaving Rishi to Fork Out £98,000 in Guarantees – Three Directors are Hit with a 6, 7 and an 11 Year Disqualification Respectively for BBL Wrongdoing
    January 27, 2022
  • The Letter from Lord Agnew to Lord Smith of Kelvin, Chairman, British Business Bank That Was Ignored
    January 26, 2022
  • Statement by Rishi Sunak Regarding the “Writing Off” of Fraudulent Bounce Back Loans
    January 26, 2022
  • Lord Agnew Not Only Voted Against More Protections for Bounce Back Loan Borrowers But Even Has Shares in One of the BBL Lenders
    January 26, 2022
  • Applying For and Getting a £40k Bounce Back Loan for a Business That Wasn’t Trading Lands a Company Director with an 11 Year Disqualification
    January 26, 2022
  • Insolvency Service “Estimate” 9,733 Companies in England, Wales and Scotland Entered Insolvency Between 1 May 2020 and 31 October 2021 with a Bounce Back Loan Owing
    January 25, 2022
  • Minister of State for HM Treasury Lord Agnew Throws a Massive Hissy Fit in the House of Lords and Drops the Mother of all Bombs on the Bounce Back Loan Scheme – Popcorn Time Folks
    January 25, 2022
  • Another Case of Estimated Turnover Being Too High Results in a Company Director Getting an 8 Year Disqualification for Taking the Insolvency Route with a £50k NatWest Bounce Back Loan Left Owing
    January 25, 2022
  • The Webinar “Update on Challenging Your Bounce Back Loan” is Now Live
    January 24, 2022
  • The Bounce Back Loan Scheme Has Just Imploded
    January 24, 2022
  • HSBC Payout a Bounce Back Loan in Error and the Ombudsman Decides Their Decision to Snatch It Back was Fair – Let’s Hope the Bank Didn’t Blag the Interest Taxpayers Paid on that Dodgy BBL
    January 24, 2022
  • NatWest Snatch Back a Customers Bounce Back Loan and Close His Account – Liam the Ombudsman Say They Can Do That and Your Complaint is Not Upheld
    January 23, 2022
  • Secretary of State for Business, Energy & Industrial Strategy Tells Local Councils to Hurry Up Distributing Omicron and ARG Grants
    January 22, 2022
  • Financial Ombudsman Service Admits to Splattering on the Internet the Name of a Business Who Sought Their Help With a CBILS/BBL Related Complaint – Can We Trust Them to Not Do It Again?
    January 21, 2022
  • Mad Dash to Heathrow Airport by the Bounce Back Loan Door Kicking Police Team to Arrest Two People for Alleged BBL Fraud Who End Up Being Bailed
    January 21, 2022
  • Bounce Back Loan Police Door Kickers Head Up Yorkshire Way and Arrest a Man for Applying for Multiple BBLs
    January 21, 2022
  • No Sign of Enforcement Action of Bounce Back Loan Debts – Possible Bank Collusion – All Eyes Now On the Financial Ombudsman Service With Regard to the Legal Challenge of BBL’s
    January 21, 2022
  • Despite The British Business Bank Warning of the Dire Consequences of Doing So – Government Departments Linked to Rishi Sunak, Paul Scully and Kwasi Kwarteng Start Publicly Naming Businesses with Recovery Loans, CBILs and CLBILs
    January 20, 2022
  • Company Director Gets a 9 Year Disqualification for Failing To Deliver to the Liquidator a Set of Prepared Accounts to Allow Him to Ascertain if Funds From a £45k NatWest Bounce Back Loan Were Legitimately Used
    January 20, 2022
  • Starling Bank Refuse to Recognise the Arguments of Frustration and Common Mistake to Offset from a Bounce Back Loan Losses Caused by the Pandemic
    January 19, 2022
  • Financial Ombudsman Service Tell Me Arrogantly Their Staff “Are Aware of the Rules” Then in Typical Idiot Fashion Make a Shocking Error That Could According to the British Business Bank Could Cost a Business Dear
    January 19, 2022
  • Ombudsman Decides a Company Director Did Transfer BBL Funds From His HSBC Bank Account Rather Than Him Being Victim of a Scam
    January 18, 2022
  • NatWest Snatch Back Two Bounce Back Loans from an SME – Ombudsman Says That The Bank Was Entitled to Do So But Makes a Glaring Error in Their Ruling
    January 17, 2022
  • Challenge Your Bounce Back Loan Update – Back British Business Webinar – Live 20th January 6pm
    January 16, 2022
  • A Series Of Errors Results in an SME Receiving a Bounce Back Loan Months After They Applied – Ombudsman Decides HSBC Is Fair In Offering Just £150 For The Delay and Errors
    January 16, 2022
  • Starling Bank Sure Do Have a Lot of Bounce Back Loans Turning Sour – Here Is Yet Another £50k BBL That Has Been Defaulted On Resulting in a 6 Year Disqualification for a Company Director
    January 14, 2022
  • What Happens If You Miss a Bounce Back Loan Repayment? Let’s Look at the Email that Starling Bank Send Out
    January 13, 2022
  • A 6 Year Disqualification for Company Director Who Took Out a £50k Santander Bounce Back Loan When He Should Have Know His Business Was Insolvent and Used the Loan for Personal Benefit
    January 12, 2022
  • Using Over £20k of a £30k Barclays Bank Bounce Back Loan for Personal Benefit and Not the Economic Benefit of His Business Lands Company Director with a 6 Year Disqualification
    January 12, 2022
National Audit Office
  • National Audit Office Investigation into the Bounce Back Loan Scheme
    October 7, 2020
  • My Input Into the National Audit Office Investigation into the BBL Scheme
    August 14, 2020
  • I’ve Offered My Input Into the NAO Bounce Back Loan Investigation
    August 5, 2020
Random Success Stories
  • Barclays Bounce Back Loan Agony Finally Ends
    May 30, 2020
  • HSBC CEO Team Swing Into Action
    June 2, 2020
  • I Had a Hassle Free Experience with Starling
    June 15, 2020
BBL Personal Experiences
  • The Stress of Waiting for a BBL Is Hard to Cope With
    June 16, 2020
  • HSBC Bounce Back Loan Saga
    June 5, 2020
  • Four Weeks in and Still No Sign of a BBL
    May 31, 2020
Random BBL News Stories
  • Worries, Stress and Emotions During a Lockdown
    October 20, 2020
  • The Top-Up Saga Just Keeps Rolling On
    November 25, 2020
  • Open Letter to Conister Bank – How to Fix Things
    September 5, 2020

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