As The Times Exposes Starling Bank’s Shady BBL Practices, Another £50k Loan Fails, Director Hit with 10-Year Ban
BBL Blaggers
Muhammad Khurshid, Director of Spring GRP Ltd, Banned for 10 Years for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan
Muhammad Khurshid, director of Spring GRP Ltd, faces a 10-year ban for exaggerating turnover to secure a £50,000 Barclays Bounce Back Loan. The disqualification was uncovered during liquidation, highlighting misuse of pandemic relief funds. […]
BBL Blaggers
Jennifer and David Elderkin, Directors of Fowey River Limited, Banned for 4 and 8 Years for Misusing Barclays Bounce Back Loan
Jennifer and David Elderkin, directors of Fowey River Limited, have been banned for four and eight years, respectively, for using a Barclays Bounce Back Loan, obtained by inflating turnover, for personal benefit. The disqualifications reflect misuse of funds. […]
Special Reports
HM Treasury, British Business Bank, and BEIS Share Key Lessons Learned from Bounce Back Loan and Other Covid Loan Programs
HM Treasury, the BBB, and BEIS reflect on the Bounce Back Loan scheme’s successes and failures. We analyse their lessons and what they mean for the future. […]