
How Will £17 Billion in Covid Loan Losses Be Recovered? MPs to Grill Lord Agnew and Lenders, and I’ll Be There Observing

Richard James Wood and Charles Andrew Wood, directors of XCEL Interiors Limited, faced bans of 3 years and 6 months and 4 years, respectively, for failing to fully repay a Bounce Back Loan (BBL) from RBS after securing a £46,305 Coronavirus Business Interruption Loan Scheme (CBILS) from Funding Circle. […]
An Islington director who overestimated turnover to secure a £47,000 Barclays Bounce Back Loan and used it for personal benefit faces an 11-year ban. Learn about this serious misuse. […]
A Norfolk director who overstated turnover to secure a £50,000 Barclays Bounce Back Loan, when entitled to £5,831, and failed to prove its business use, faces an 11-year ban. […]
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