
Insolvency Service’s Ongoing Investigations into Bounce Back Loan and Covid Scheme Fraud

As raids on Bounce Back Loan-recipient businesses surge, Home Secretary Yvette Cooper faces criticism for failing to curb directors dodging fines and defaulting on BBLs while hiring illegal workers. […]
Barclays reverses a customer’s PAYG option and closes his account for missing payments; the Ombudsman offers £150 but won’t reinstate the loan. […]
Chancellor Jeremy Hunt pledges relentless pursuit of Covid fraud funds, crediting Bounce Back Loans for powering the UK’s rapid economic rebound. […]
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