Bouncing Back Ep. 7: Why Are Directors Banned If Bounce Back Loan Enforcement Is Rare?
Special Reports
Rishi Sunak’s Wife’s Firm Nets £170M in Government Contracts, Fuelling Lavish Spending
A firm linked to Rishi Sunak’s wife, co-founded by her father, secures over £170M in government contracts, funding her extravagant lifestyle. […]
Special Reports
Financial Ombudsman Rules Lloyds Bank Provided a Customer an Unaffordable Business Overdraft, But Finds No Fault in Their Approval of a Bounce Back Loan Three Times Larger 12 Months Later, Citing the Flawed Design of the BBL Scheme
The Ombudsman faults Lloyds for an unaffordable overdraft but clears their larger Bounce Back Loan approval, blaming the scheme’s flawed design. […]
BBL Blaggers
Vitalijs Kunickins, Avsmart Fixers Ltd Director from Latvia, Banned for 10 Years for Overstating Turnover to Secure £45,000 HSBC Bounce Back Loan
The Insolvency Service’s crackdown has banned directors for using Bounce Back Loans to fund non-business activities. […]