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Bounceback loan claims worth £100,000 were ‘blatant fraud’, says Official Receiver
“These restrictions will curtail her business activities for a long time to help protect the public from further financial harm.”
Under the rules of the Bounce Back Loan scheme, businesses had to have been trading by 1 March 2020 in order to apply for a loan. The rules allowed applications for a single loan per business of up to 25% of its 2019 turnover – or of an estimated turnover if the business had started during the previous financial year – up to a maximum of £50,000. Any money claimed was to be used for the economic support of the business. Walker’s baking business was not entitled to any money through the scheme. She did not apply for a loan to support her hairdressing business. Walker signed a Bankruptcy Restrictions Undertaking in which she did not dispute that she had provided false information on two Bounce Back Loan applications to receive a total of £98,000 to which she was not entitled. She must abide by the restrictions, which extend the terms of her original bankruptcy – usually a period of 12 months – for a further 12 years. They prevent Walker from acting as a company director without permission from the court and from borrowing more than £500 without declaring that she is subject to the sanctions. She is also restricted from holding certain roles in public organisations while subject to the measures.Bird keepers ordered to adopt struct biosecurity measures
City council names new Director of City Development
City of York Council is delighted to announce the appointment of Garry Taylor as the new Director of City Development.