British Business Bank Chief Discusses Government’s Challenge in Chasing Bounce Back Loan Turnover Inflators, as Most SMEs Repay and Perform Well
Special Reports
Upper Tribunal Judge Marion Caldwell KC Upholds Traffic Commissioner’s Decision to Deny Operator’s Licence Over Fraudulent Royal Bank of Scotland Bounce Back Loan
Judge Marion Caldwell KC backs the Traffic Commissioner’s denial of an operator’s licence due to a fraudulent Royal Bank of Scotland Bounce Back Loan. […]
Special Reports
British Business Bank’s Warning Confirmed: Directors Misusing Bounce Back Loans Face Disqualification and Repayment
As predicted, directors misusing Bounce Back Loans for personal gain face disqualification and repayment demands during liquidation, though some escape penalties. […]
Special Reports
Government Acknowledges Certain Bounce Back Loan Lenders Repeatedly Entered Business Owners’ Details into the BBL Portal, Were Later Caught Attempting to Exploit the BBL Scheme, and Lost Their Guarantees – Resulting in Innocent Business Owners Being Wrongly Flagged as Suspected Fraudsters
The government admits some lenders’ portal misuse led to innocent Bounce Back Loan borrowers being wrongly flagged as fraudsters after guarantee losses. […]