The £4.3bn of Covid loans that may have to be written-off by The Treasury due to fraud and highlighted by the recent resignation of Lord Agnew, could be eclipsed by businesses failing to repay their CBILs and BBLs Covid support loans, an industry expert warns.
https://www.cityam.com/treasurys-4-3bn-fraud-write-off-likely-to-be-eclipsed-by-20bn-covid-loan-defaults-as-cbils-and-bbls-are-not-repaid/