You are reading a single comment by @JWestland and its replies.
Click here to read the full conversation.
-
Since May 2020, around £50bn had been lent out to firms under the government-backed Covid loan scheme. The National Audit Office last December warned it had “limited verification, and no credit checks on borrowers, which made it vulnerable to fraud and losses”.
.......
"More than 1.5m loans were made. Yet there are only about 1.4m UK private sector businesses with employees. That more than 100% of UK businesses could have taken advantage of self-certified loans that were granted in 24 hours and for which the state was wholly liable should have rung alarm bells. "
Yeah. But it's the poor draining the treasury with their free handouts....
Aroogah
@JWestland
https://www.theguardian.com/society/2022/jan/27/universal-credit-claimants-face-tough-sanctions-in-uk-job-crackdown?CMP=Share_AndroidApp_Other
Get back to any shitty work serfs...
Especially sectors where we cannot fill jobs cos wages vs work conditions aren't so great.