In this clip from my interview with Chris Worden from Director First, we tackle one of the biggest issues still facing UK business owners — Bounce Back Loans.

Thousands of directors are still carrying BBL debt. Some are unsure what their options are. Others are facing serious consequences after misuse. And with HMRC winding up petitions increasing, the pressure on directors has never been higher.

In this conversation we cover:

• What to do if you still have a Bounce Back Loan

• The difference between genuine struggle and Bounce Back Loan fraud

• Director disqualification statistics and what they mean

• How many directors have been banned recently

• What happens when HMRC issues a winding up petition

• Practical advice if your company is insolvent

• When to seek professional help

This isn’t scare tactics — it’s clarity.

If you’re a UK director, shareholder or business owner with outstanding government-backed debt, this is a conversation you need to hear.

⚠️ If you’ve received letters from HMRC, a statutory demand, or a winding up petition — act early. Avoiding it makes it worse.

Watch the full interview for deeper insights into insolvency, director responsibilities and protecting yourself properly.

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