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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-
Does that amount for limited companies. I run a LTD as a director and took a BBL.
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I know and it just grinds my gears. That anti corruption bill is supposed to sort the ultra lax companies house registration which makes it super easy to commit fraud.
Ultimately they just need to set up some easy 5 minute hate stuff like "woke" "laziness" "those people near you that aren't poor and own a house even though they have to scrape by" "benefit frauds near you!" and voila, votes.
But it seems people cannot imagine billions and billions (fair)... but it's easy to look down on a group of people so...it is strangely easy enough to get away with.
skinny
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.