Special Reports – Bounce Back Loan

Insolvency Service Bans 736 Directors and Issues 87 Bankruptcy Restrictions in 2024-25 for Bounce Back Loan Fraud

The Insolvency Service intensifies its crackdown, banning 736 directors and issuing 87 bankruptcy restrictions in 2024-25 for Bounce Back Loan fraud, signalling tough enforcement. […]

Lib Dem MP Charlie Maynard Calls for Government to Incentivize Lenders with Bonus for Recovering Bounce Back Loan Fraud Funds, Despite Guarantee Payouts, But Faces Pushback Over Lenders’ Reluctance Due to Reputational Risks

Lib Dem MP Charlie Maynard proposes bonuses to encourage lenders to recover Bounce Back Loan fraud funds, but banks resist, citing reputational risks despite guarantees. […]

Café Owner’s Struggle: Rachel Reeves’ Budget Forces Default on HSBC Bounce Back Loan

A café owner faces financial ruin, defaulting on an HSBC Bounce Back Loan due to pressures from Rachel Reeves’ budget, highlighting small business struggles. […]

A Builder’s Redemption: Finding Relief After Defaulting on a Barclays Bounce Back Loan

A builder finds hope and relief after defaulting on a Barclays Bounce Back Loan, uncovering unexpected pathways to financial recovery. […]

Landlady’s Redemption: Lloyds Shows Unexpected Leniency After Bounce Back Loan Default

A landlady receives surprising leniency from Lloyds Bank after defaulting on a Bounce Back Loan, offering a rare reprieve in a tough economic climate. […]

HMRC’s New Tax Rules May Boost Bank Account Oversight, Raising Privacy Concerns for Savers While Aiming to Expose Bounce Back Loan Fraud

HMRC’s new tax rules heighten bank account monitoring to catch Bounce Back Loan fraud, sparking privacy worries among savers. […]

Taxpayers Could Foot Bill for Ryan Giggs’ NatWest Bounce Back Loan as George’s Dining Room and Bar (RKB Ventures Ltd) Succumbs to Economic Downturn and Cost of Living Crisis

Ryan Giggs’ NatWest Bounce Back Loan default at his struggling bar may burden taxpayers, hit by economic downturn and rising costs. […]

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. […]

Upper Tribunal Judge Marion Caldwell KC Upholds Traffic Commissioner’s Decision to Deny Operator’s Licence Over Fraudulent Royal Bank of Scotland Bounce Back Loan

Judge Marion Caldwell KC backs the Traffic Commissioner’s denial of an operator’s licence due to a fraudulent Royal Bank of Scotland Bounce Back Loan. […]