Special Reports – Page 7 – Bounce Back Loan

Metro Bank Customer’s Complaint Rejected by Ombudsman After Claiming Bank Denied a Five-Year Repayment Holiday for Her Company’s Bounce Back Loan, Leading to Default

A Metro Bank customer’s claim of a denied five-year Bounce Back Loan repayment holiday is dismissed by the Ombudsman, resulting in default. […]

Barclays Customer’s Complaint Dismissed by Ombudsman After Claiming Bounce Back Loan Default Resulted from Mishearing Income Outcome Assessment Deadline Due to Agent’s Strong Scottish Accent

A Barclays customer blames a Bounce Back Loan default on mishearing a deadline due to an agent’s accent, but the Ombudsman rejects the complaint. […]

Starling Bank Escalates High Court Winding-Up Petitions Against Limited Companies in Coming Weeks, Potentially Triggering Pursuit by “Bounce Back Loan Bounty Hunters”

Starling Bank ramps up High Court wind-ups, setting the stage for “Bounce Back Loan bounty hunters” to chase defaulting companies in weeks ahead. […]

Bounce Back Loan Lenders Outraged as HSBC Bypassed BBL Scheme Security Measures, Exposing Their Banks to Misuse – Industry Insiders Claim HSBC Offered Lord Udny-Lister, Boris Johnson’s Chief of Staff, a Job and Paid Sajid Javid to Avoid Penalties – See an HSBC Executive Publicly Confirm the Former

HSBC’s security lapses in the Bounce Back Loan scheme spark lender outrage, with allegations of jobs offered to insiders to dodge penalties. […]

When a Conservative Government Fails to Act – How I Enlisted Labour MPs to Halt a Bounce Back Loan Lender’s Customer Scams, as the Conservative Government Declined to Intervene

With Conservatives ignoring Bounce Back Loan lender scams, I rallied Labour MPs to stop customer exploitation, exposing government inaction. […]

HSBC Directs Restons Solicitors to County Court to Chase Suicidal Bounce Back Loan Defaulters, Frequently in Error or Post-Government Guarantee Withdrawal, Well Beyond the 12-Month Recovery Window

HSBC sends Restons Solicitors to pursue vulnerable Bounce Back Loan defaulters in court, often mistakenly, long after the 12-month recovery period. […]

Government Acknowledges Certain Bounce Back Loan Lenders Repeatedly Entered Business Owners’ Details into the BBL Portal, Were Later Caught Attempting to Exploit the BBL Scheme, and Lost Their Guarantees – Resulting in Innocent Business Owners Being Wrongly Flagged as Suspected Fraudsters

The government admits some lenders’ portal misuse led to innocent Bounce Back Loan borrowers being wrongly flagged as fraudsters after guarantee losses. […]

Your Vote Counts – Explore Each Political Party’s Stance and Proposals on the Bounce Back Loan Scheme, From Converting Loans to Grants (SNP) to Publicly Listing All BBL Recipients, Repaid or Not, Similar to a Sex Offender Registry (LibDems)

Discover how parties like the SNP and LibDems view Bounce Back Loans, from turning them into grants to publicly naming all recipients. […]

The Insolvency Service Confirms in Writing That a Company’s Trading Commencement Date, Not Its Incorporation Date, Determines Eligibility to Use Estimated Turnover for a Bounce Back Loan Application – See Their Statement

The Insolvency Service clarifies that trading start date, not incorporation, sets Bounce Back Loan turnover eligibility—read their official statement. […]

Metro Bank Directed to Restore a Defaulted Bounce Back Loan, Provide PAYG Options to a Customer, and Pay £300 Compensation for Multiple Errors, Including Sending Incomplete Emails and Failing to Return Emails Sent to Former Staff

Metro Bank must reinstate a defaulted Bounce Back Loan, offer PAYG options, and pay £300 for errors like incomplete emails and ignored correspondence. […]