Barclays Ends Customer’s Bounce Back Loan PAYG Holiday; Ombudsman Rejects Complaint, Citing Fraudulent Second Loan Due to Business Structure
Special Reports
My Open Letter to the BEIS Strategy Committee Following My Recent Visit to Address BBL Concerns
After visiting the BEIS Committee, I penned an open letter tackling BBL issues. Read my candid thoughts on their approach. […]
BBL Blaggers
Bafour Yaw Djang, Director of Okla Technology Limited, Starts 9-Year Ban for Nearly Doubling Turnover to Fraudulently Secure £45,000 Barclays Bounce Back Loan
The Insolvency Service’s probes have banned directors for using Bounce Back Loans to fund non-business ventures. […]
BBL Complaints Upheld
HSBC Ordered to Pay Compensation for Bounce Back Loan Turnover Error, Ombudsman Upholds Complaint
HSBC refused to amend a lower turnover figure for a Bounce Back Loan, citing fixed rules. The Ombudsman upheld the complaint, ordering compensation for the restriction. […]