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

A Wigan director who claimed an inflated turnover for “future contracts” to secure a £50,000 Barclays Bounce Back Loan faces a 10-year ban starting New Year’s Day. Read more. […]
IThe Ombudsman is under scrutiny as banks pity non-payers, speeding up BBL write-offs. We explore this shift toward leniency.
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A female director has been disqualified for 11 years after falsifying her business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan, misusing the funds for non-business purposes, and fraudulently claiming over £3,000 from the Job Retention Scheme. […]
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