Fresh Scandal with £4.3bn in Fraudulent Loans

3 years ago
5

The Prime Minister suffered another major blow on Monday after a Treasury minister staged a dramatic public resignation over the government’s decision to write off £4.3bn in fraudulent bounce back loans, with estimates that overall losses due to fraud and companies unable to repay loans likely to amount to almost £30 billion.

This is follows further revelations of the Prime Minister celebrating his birthday during lockdown.

What does all this mean for the Prime Minister and the Covid response? Is it time for a full public inquiry into the handling of the pandemic?

I'm joined by serial entrepreneur, Rob Moore to unpack the latest issues.

Find out more about Rob Moore and his businesses here: https://robmoore.com/

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