Special Reports – Page 36 – Bounce Back Loan

Barclays Chief Claims Overstated BBL Turnover Isn’t Fraud If Repaid, But Non-Repayment Triggers Fraud Label

Barclays’ boss says fudging BBL turnover isn’t fraud if you repay—but default, and it’s fraud. We explore this controversial stance. […]

My Open Letter to the BEIS Strategy Committee Following My Recent Visit to Address BBL Concerns

After visiting the BEIS Committee, I penned an open letter tackling BBL issues. Read my candid thoughts on their approach. […]

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

MPs are set to probe Lord Agnew and lenders on recovering £17B in Covid loan losses. I’ll be there, taking notes on this critical showdown. […]

Lord Agnew Slams BEIS, BBB, and Tom Scholar, Exposing the Collapsing Bounce Back Loan Scheme Amid Surging Guarantee Claims

Lord Agnew tears into BEIS, the BBB, and Tom Scholar, revealing the BBL scheme’s collapse as guarantee claims skyrocket. We unpack his fiery critique. […]

HM Treasury’s Tom Scholar Addresses Fraudulent BBLs, Dubious Furlough Claims, and Questionable Eat Out to Help Out Schemes

Tom Scholar tackles fraudulent BBLs, shady furlough claims, and iffy Eat Out schemes. We analyse his response to these scandals. […]

Lord Agnew Explains His Dramatic Resignation and Outburst, Shedding Light on the Failing Bounce Back Loan Scheme

Lord Agnew reveals why he stormed out, offering a glimpse into the BBL scheme’s collapse. We dive into his candid exit story. […]

Government Unveils New Measures to Combat Fraud Across Covid Support Schemes, Including Bounce Back Loans

The government announced fresh steps to tackle fraud in Covid schemes like BBLs. We break down their anti-fraud strategy. […]

Miss Three Bounce Back Loan Repayments? That’s When Unexpected Outcomes Might Occur for Borrowers

Missed three BBL payments? Something unexpected might happen. We reveal the “magic” moment and what it means for you. […]

Financial Ombudsman Service in Spotlight for Potential Mass BBL Write-Offs as Banks Show Mercy, Fast-Tracking Guarantee Claims

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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Lord Callanan Verifies British Business Bank’s Slow Payouts of BBL Guarantees, Including 20% for Suspected Fraudulent Loans

Lord Callanan confirms the BBB is slowly paying BBL guarantees, even for 20% suspected fraud cases. We analyze this sluggish process. […]