RBS – Bounce Back Loan

Directors of XCEL Interiors Limited Banned After Partial Repayment of CBILS and BBL Loans

Richard James Wood and Charles Andrew Wood, directors of XCEL Interiors Limited, faced bans of 3 years and 6 months and 4 years, respectively, for failing to fully repay a Bounce Back Loan (BBL) from RBS after securing a £46,305 Coronavirus Business Interruption Loan Scheme (CBILS) from Funding Circle. […]

Transcript of the Bounce Back Loan (BBL) Recoveries and Collections Discussion: British Business Bank, Credit Services Association, and UK Finance

Dive into the transcript of a critical discussion on Bounce Back Loan recoveries, featuring insights from the British Business Bank, Credit Services Association, and UK Finance. […]

RBS Fails to Notify Customer of Retained Account, Causing Double Bounce Back Loan Payments and £18,000 Overdraft, Ombudsman Dismisses Complaint

RBS failed to inform a customer they weren’t debanked, leading to duplicate Bounce Back Loan payments and an £18,000 overdraft. […]

Rishi Sunak Alone Faces Covid Commissioner as BBL Scheme Architects Exit Amid Scandals

• With bank bosses and ministers gone, Rishi Sunak is the last standing figure linked to the Bounce Back Loan scheme, facing the Covid Corruption Commissioner’s scrutiny. […]

Leon Richard Burton Nailed with a 5-Year Ban for Keeping RBS BBL After Bagging CBILS BBL

Leon Richard Burton’s banned 5 years for not repaying an RBS BBL after grabbing a CBILS BBL. See his rule-breaking blag! […]

Ian Richards Clobbered with a 9-Year Ban for Claiming £2,615 Turnover Was £78k to Blag £19,500 RBS BBL

Ian Richards’ banned 9 years for saying his £2,615 turnover was £78k to nab a £19,500 RBS BBL. See his wine-soaked fib! […]

Sarah Louise McGovern Nailed with a 10-Year Ban for Blagging £50k RBS BBL with Fake Turnover

Sarah Louise McGovern’s banned 10 years for fudging turnover to nab a £50k RBS BBL, rumbled by the liquidator. Dig in! […]

Royal Bank of Scotland Customer Claims His Company Was Mis-sold a Bounce Back Loan After Bank Stated on Zoom It Would Benefit His Business, Despite No Need for the Loan, Leaving It Unused and Burdened with Debt – Ombudsman Rejects the Complaint

An RBS customer alleges a mis-sold Bounce Back Loan after a Zoom pitch, but the Ombudsman dismisses the claim, leaving him with unused debt. […]

Director Walloped with a 12-Year Ban for Blagging Three Juicy BBLs from RBS, Starling, and Yorkshire Bank

A director’s banned 12 years for nabbing three fat BBLs from RBS, Starling, and Yorkshire. See his juicy scam! […]

Kilwinning Co-Directors Smacked with 8-Year Bans for Over-Egging Turnover for RBS BBL

Kilwinning co-directors got 8-year bans for fudging turnover to grab a bigger RBS BBL than allowed. See their scam! […]