Wrongful Trading Suspension Extended; Bank Service Satisfaction; CBILS and Bounce Back Losses

Starting this latest Business Finance Bulletin, good news for Directors concerned about potential personal liability on decisions being taken with an announcement that the suspension on Wrongful Trading has been extended.

How satisfied are you with the service your bank is providing and what factors would you take into consideration if you were to move banks? These are questions posed by the Current Account Switch Service in its latest survey.

To close, with the CBILS and Bounce Back Loan application deadline extended, the Office for Budget Responsibility has revised the estimated losses the government could face on the two schemes. The amounts demonstrate the potential high cost of supporting businesses.

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  • Further to your recent presentation at LEAD Wales just wanted to say it was very refreshing to see somebody talk passionately and positively about finance, very insightful!

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