Public Accounts Committee’s Sixth Report Notes BBL Lenders Lack Incentive to Chase Defaulters, Leading to Lax Pursuit
Special Reports
Barclays Pays £500 for Unfair BBL Denial, Later Approves Loan Nearly a Year After Bounce Back Loan Scheme Ended
Barclays paid £500 for wrongly denying a BBL, then approved it post-scheme closure. We unpack this surprising turnaround. […]
Special Reports
Insolvency Service Confirms BEIS’s Odd Rule Under Kwasi Kwarteng: 8-Year Ban for Overstating BBL Turnover by Over 25% of Allowed 25% During Insolvency
BEIS’s strange rule, backed by Kwasi Kwarteng, slaps 8-year bans on directors for exaggerating BBL turnover during insolvency. We dissect this bizarre policy. […]
Special Reports
Akshata Narayana Murty, Rishi Sunak’s Wife, Closes Catamaran Ventures, an Investment Firm Whose Costly Ventures Have Burdened Taxpayers
Akshata Narayana Murty shuts down Catamaran Ventures, her investment firm, after years of taxpayer-funded losses tied to its controversial financial moves. […]