Page 3 - Back Loans News Today

A Freedom of Information request has revealed that over 145,000 Bounce Back Loans loans worth £3.8bn are in default as businesses continue to battle economic headwinds.

Stanmore consultancy boss claimed £25,000 before closing the business in effort to avoid repaying taxpayer loan

A Kings Langley business owner claimed £45,000 from the government for a company that never traded.

Years of freeze to rebuild your coffers, to get yourself forward in your education and your career. that almost nobody else has when it comes to student loan because they are relentless. although i did at one point i got a defetterman and i would pay more. i think it was six or 18 months, when i came back my payment was a lot higher. i dont think you break that covenant. and what these guys are saying at the supreme court, why dont you pass legislation? why am i dealing with this? guys, sit down...

Darren Baker secured £50,000 in Bounce Back Loans by exaggerating the income of the Leanne Baker Trust by 1,000 per cent

A GLASGOW man has been disqualified as company director after he had made false claims in order to receive loans for his businesses.

Glasgow based John Gerard McGarvey, 37, from Rutherglen, claimed two separate Bounce Back Loans totalling £100,000, and then used the money for personal

Doubts about whether this was the right thing to do. and this is the manifestation of that, and the fact that its hung up in the courts. in terms of whether its a solution to the problem, it certainly treats symptoms and it will be real relief for millions of people. it doesnt get to the systemic structural issues of the explosion of cost. it might exacerbated by -- its just the general inflation problems, if you make things cheaper to the consumer, then the institutions are just -- >> but thats...

Director of property and engineering firm overstated company’s turnover by almost 20 times the actual amount to get loan money and then misused the funds.

The director of a printer that went into liquidation two years ago has been hit with a lengthy ban after a bankruptcy investigation identified further Bounce Back Loan abuse.