More than 800 directors banned for abusing Covid support scheme

Latest Insolvency Service figures have shown that a total of 831 company directors were banned in 2023-24 for Covid support scheme abuse, an increase in more than 80% on the previous year. The average length of director disqualification for Covid misconduct in 2023-24 was almost 10 years The Covid Bounce Back Loan Scheme was introduced…

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