Special Reports – Page 11 – Bounce Back Loan

Starling Bank Ordered to Pay £200 for Seizing and Defaulting a Bounce Back Loan After Noticing Director’s Dormant Accounts Indicated No Trading or Turnover

Starling Bank must pay £200 for defaulting a company’s Bounce Back Loan after discovering dormant accounts showed no trading, ruling the loan ineligible. […]

Akshata Narayana Murty, Rishi Sunak’s Wife, Closes Catamaran Ventures, an Investment Firm Whose Costly Ventures Have Burdened Taxpayers

Akshata Narayana Murty shuts down Catamaran Ventures, her investment firm, after years of taxpayer-funded losses tied to its controversial financial moves. […]

Most Bounce Back Loan Defaulters Likely to Face No Action in 2024 and Beyond—Find Out If You’re Clear or at Risk for Jail, Fines, or Disqualification

Most Bounce Back Loan defaulters may escape enforcement in 2024 and beyond—check if you’re safe or facing jail, fines, or director disqualification risks. […]

Liquidator Hints at Very Little Chance of Anyone Getting Money Owed by Carole Middleton’s, the Princess of Wales Mums Business Paid Back to them and No Chance of Her Repaying Her Company’s CBILS – No Sign of a Ban for Wrongdoing Though

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Insolvency Service Responds on Whether Compensation Orders for Bounce Back Loan Issues Are Pursued During a Breathing Space

The Insolvency Service clarifies its stance on issuing compensation order proceedings against Bounce Back Loan borrowers during a breathing space, addressing key concerns. […]

FCA Explains Borrower Options When British Business Bank Revokes Bounce Back Loan Guarantee Due to Lender Errors or Misconduct

The FCA reveals what happens to borrowers when the British Business Bank pulls a Bounce Back Loan guarantee over lender mistakes or shady practices. […]

Bounce Back Loan Defaulter Discounts Bring Relief, with Reports of Generous Settlements Sparking Joy

Heart warming reports flood in about substantial Bounce Back Loan defaulter discounts, offering borrowers significant relief and emotional victories. […]

NATIS Intensifies Bounce Back Loan Fraud Crackdown, Targeting Bank Accounts and Securing Cash Forfeiture Orders

NATIS ramps up its pursuit of Bounce Back Loan fraudsters, freezing bank accounts and obtaining cash forfeiture orders to recover illicit funds. […]

Struggling to Repay Your Company’s Bounce Back Loan and Having to do so Personally and Considering Liquidation? Here’s What to Know

If you’re using personal funds to repay your company’s Bounce Back Loan and eyeing liquidation, get clarity on the process and ease your worries. […]

Barclays Ends Customer’s Bounce Back Loan PAYG Holiday; Ombudsman Rejects Complaint, Citing Fraudulent Second Loan Due to Business Structure

Barclays cancels a customer’s PAYG repayment holiday, and the Ombudsman dismisses his complaint, ruling one of his two Bounce Back Loans was fraudulently obtained. […]