Sanjeev Gupta and Greensill Capital accused of using taxpayer-backed Covid support scheme to borrow eight times the maximum allowed By Daily Mail City & Finance Reporter Published: 21:50 GMT, 14 March 2021 | Updated: 21:50 GMT, 14 March 2021 Steel tycoon Sanjeev Gupta and collapsed lender Greensill Capital have been accused of using a taxpayer-backed … Read more
Treasury pledge to fund £3.8m no-interest loan pilot for hard-up borrowers ‘a step in the right direction’ say debt charities and lenders Scheme could help those who cannot afford to pay interest on loans It is based on an Australian-style community lending scheme Initiative was proposed by previous Chancellor Philip Hammond in 2018 As many … Read more
An investment group backed by wealthy sports stars including Wayne Rooney, Ashley Cole and Sam Allardyce defaulted on a huge £4.7million bank loan – blaming money flow issues during the coronavirus pandemic. The partnership, made up of other well-known names including boxer Joe Calzaghe, former Everton boss Roberto Martinez and one-time England keeper Joe Hart, are … Read more
An investment group backed by wealthy sports stars including Wayne Rooney, Ashley Cole and Sam Allardyce defaulted on a huge £4.7million bank loan – blaming money flow issues during the coronavirus pandemic. The partnership, made up of other well-known names including boxer Joe Calzaghe, former Everton boss Roberto Martinez and one-time England keeper Joe Hart, are … Read more
Loan gripes soar during the pandemic as families struggle to afford repayments By Amelia Murray For The Daily Mail Published: 22:01 GMT, 2 March 2021 | Updated: 22:01 GMT, 2 March 2021 Complaints about loans soared last year as families struggled to afford repayments in the pandemic. Guarantor loans, which are typically taken out with … Read more
Sunak set to overhaul Covid loan programme: Bounce back scheme to close at end of March By Lucy White For The Daily Mail Published: 21:52 GMT, 25 February 2021 | Updated: 21:52 GMT, 25 February 2021 The Chancellor is set to shake up the Government’s emergency Covid loan programme in next week’s Budget. Rishi Sunak … Read more
Crooked businessmen have been caught offering to sell dormant companies in the full knowledge that they will be used to make fraudulent claims for coronavirus loans. The Mail on Sunday today exposes the scam, which allows con artists to use the companies as a front to claim money under the Government’s Bounce Back Loan Scheme, then … Read more
Stagecoach on track to extend £300m Covid loan by a YEAR amid uncertainty over duration of lockdown Stagecoach has agreed an extension to the first £100million And it is hammering out new terms for the remaining £200million It will not have to repay the loan until February 2022 By Neil Craven for The Mail on … Read more
Stagecoach on track to extend £300m Covid loan by a YEAR amid uncertainty over duration of lockdown Stagecoach has agreed an extension to the first £100million And it is hammering out new terms for the remaining £200million It will not have to repay the loan until February 2022 By Neil Craven for The Mail on … Read more
Stagecoach on track to extend £300m Covid loan by a YEAR amid uncertainty over duration of lockdown Stagecoach has agreed an extension to the first £100million And it is hammering out new terms for the remaining £200million It will not have to repay the loan until February 2022 By Neil Craven for The Mail on … Read more