#bounce-back-loan

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#fraud #covid-19-economic-support #small-businesses #fraud-and-error #covid-19-inquiry
UK politics
fromBusiness Matters
7 hours ago

Sunak defends Covid bounce back loans amid claims of excessive fraud

Rapid delivery of the Bounce Back Loan scheme was prioritized over stronger fraud controls, accepting significant fraud risk to prevent widespread small-business collapses.
UK politics
fromwww.bbc.com
22 hours ago

Sunak defends Covid loan scheme over excessive fraud claims

The Bounce Back Loan scheme prioritized rapid deployment over extensive fraud controls, resulting in widespread lending, substantial flagged fraud, and estimated losses of up to billions.
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