New powers used by Insolvency service to ban covid-loan abusers
UK debt collections
JULY 25, 2022
These could include unpaid debts to suppliers, customers and HM Revenue & Customs. Officials said the new legislation was proving especially useful in chasing down fraudsters who exploited the loose checks around government pandemic loans. More than 1.4 Small Businesses were offered up to £50,000 interest free for a year.
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