The Insolvency Service Confirms in Writing That a Company’s Trading Commencement Date, Not Its Incorporation Date, Determines Eligibility to Use Estimated Turnover for a Bounce Back Loan Application – See Their Statement
Special Reports
Metro Bank Ordered to Reinstate Bounce Back Loan After £10 Default Dispute; Ombudsman Intervenes
Metro Bank’s tantrum over a £10 missed payment default is overruled by the Ombudsman, who orders the Bounce Back Loan reinstated and tells the bank to mature. […]
Forced Liquidation
Further Names Added – Judges Start Liquidating Limited Companies Suspected by Starling Bank of Fraudulently Obtaining Bounce Back Loans, with Lloyds Bank Filing More Winding-Up Petitions – Is Your Company Listed? Verify Now
Starling and Lloyds Bank target more companies with High Court wind-ups for Bounce Back Loan fraud—check if your firm is on the growing list! […]
Special Reports
British Business Bank Denies MPs Misusing Bounce Back Loan Database, Confirms Dashboard Access
The British Business Bank assures MPs aren’t snooping on Bounce Back Loan data for political gain, though some may have accessed the scheme’s dashboard. […]