Fears grow over UK firms' ability to repay Covid business loans

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National Audit Office warns of £26bn taxpayer loss on bounce back loan scheme

Taxpayers stand to lose up to £26bn on the government’s most popular Covid-19 business loan scheme because of fraud or an inability to repay the money, Whitehall’s spending watchdog has warned.

 

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Another Tory disaster. Not to worry the tax-payer will bail him out again.

'fears grow' - another cock up

Forgive em. This is going to get worse. Forgive em.

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