Business UK
Michael Portillo on Covid loan’s being exploited: ‘I rather fear this is the tip of the iceberg’
Download the GB News App to watch live wherever you are, catch up with all our shows and get the latest news from the GBN family. https://www.gbnews.uk/freegbapp
Don’t forget to follow us on social media too!
Twitter: https://twitter.com/GBNEWS
Facebook: https://www.facebook.com/GBNewsOnline
Instagram: https://www.instagram.com/gbnewsonline/
LinkedIn: https://www.linkedin.com/company/gb-news/
Click here for the latest Covid-19 guidance from the World Health Organisation ► https://www.who.int/emergencies/diseases/novel-coronavirus-2019/advice-for-public
source
Plain-speaking, straight-talking – Michelle Dewberry delivers her individual take on the day’s news.
Keep up to date with the latest news at https://www.gbnews.com
Twitter: https://twitter.com/GBNEWS
Facebook: https://www.facebook.com/GBNewsOnline
Download the GB News app! You can watch GB News on all of your favourite devices and keep up to date with the latest news, analysis, opinion and more.
https://www.gbnews.com/watch/how-to-watch
source
Join Patrick for two hours of spirited debate and news making interviews. Top guests tackle the issues that matter, with a sharp take on every story.
Keep up to date with the latest news at https://www.gbnews.com
Twitter: https://twitter.com/GBNEWS
Facebook: https://www.facebook.com/GBNewsOnline
Download the GB News app! You can watch GB News on all of your favourite devices and keep up to date with the latest news, analysis, opinion and more.
https://www.gbnews.com/watch/how-to-watch
source
Donald Trump hails “extremely positive and productive conversations” with China as the President speaks at a state banquet with the Chinese President Xi Jinping in Beijing.
#DonaldTrump #China #WorldPolitics #WorldNews #GBNews
Keep up to date with GB News at gbnews.com or on X @GBNEWS
Become a Friend of GB News: gbnews.com/friend
source
Watch as Will Kensington expresses concern about the state of the UK, arguing that Downing Street is no longer a place of power but has instead become Britain’s most expensive Airbnb.
This comes as Andy Burnham is set to become the UK’s seventh Prime Minister in a decade, with seemingly no one challenging the “King of the North” for the country’s top job.
#Labour #PrimeMinister #KeirStarmer #UKNews #GBNews
Keep up to date with GB News at gbnews.com or on X @GBNEWS
Become a Friend of GB News: gbnews.com/friend
source
Business UK
Cabinet Office DEMANDS LGBT and ethnic figures on bank notes over DIVERSITY – ‘RIDICULOUS!’
Beat the system with TallyMoney. Gold you can spend. To get 50% off your activation fee, use code GBN50 on the activation screen https://click.tallymoney.com/A64P/xxtvsx6r #ad
‘We have real pressing financial issues as a country. I find focus on stuff like this quite ridiculous!’
Nana Akua hits out at the Cabinet Office’s suggestion that banknotes should featurre prominent ethnic or LGBT figures from British history.
#cabinetoffice #lgbt #uknews #ukpolitics #gbnews
Keep up to date with GB News at gbnews.com or on X @GBNEWS
Become a Friend of GB News: gbnews.com/friend
The purchase of gold and investment in bullion is not FCA regulated nor do they benefit from the protections of the Financial Services Compensation Scheme or the Financial Ombudsman Service. The value of your investment can go down as well as up. Consider the risks involved before choosing to invest. This card is issued by Transact Payments Limited pursuant to licence by Mastercard International Incorporated
source
-
Food UK2 years agoPANCAKES EXPERIMENT: SAME Ingredients DIFFERENT Techniques
-
Other UK2 years ago
The BBC is on obtained time and is quick ending up being Bri…
-
Fashion UK2 years ago
TDX x TB Rock Band EDJ (“All For You”) Full Song + Lyrics – Tower Defense X Roblox
-
Other UK2 years ago
Making it through an honour killing – BBC News
-
Other UK2 years ago
Could Reform Cost the Tories the Next Election?
-
Fashion UK1 year ago
HIGH ON YOU – Jind Universe | Latest Punjabi Love Song 2024
-
Other UK2 years ago
Prince Harry was victim of phone hacking by Mirror Group New…
-
Business UK2 years ago
Martin Daubney | Wednesday 27th November
-
Business UK3 years ago‘This is his top priority’ | Jake Berry on Tom Tugendhat’s economy plans
-
Politics UK3 years agoEnding Anonymity Online: Britain’s Plans to Change the Internet – TLDR News
@simonwhitworth4688
December 27, 2023 at 3:23 am
Our political system is broken corrupt needs a complete re think 🤔
@TheLegend-nx3mm
December 27, 2023 at 3:23 am
Hi Gbnews, this is absolutely shocking. I inherited from my late Aunt last year, 1.2 million, and yes sadly she passed because of covid 96 years of age. The point I'm making here is, for people that don't know how probate works , you file a complete IHT 400 and before you are allowed the official probate document you have to pay Inheritance tax which in my case was £200 thousand pounds, which I paid and received probate. Now how the hell can gangs obtain these loans ??? What happened to credit checks ? I get access to my free credit check every month which is 999 the highest you can get. How is this even possible absolutely shocking behaviour from this government, I've heard it all now, Boris johnson close the door on the way out. This country needs new fresh faces new people and new party. Shocking!!!!!
@3rdworldsnake509
December 27, 2023 at 3:23 am
The train robber …
@elaine.crissy.t2112
December 27, 2023 at 3:23 am
Can I ask WHY was Arlene Foster on GB news?
@edenjets
December 27, 2023 at 3:23 am
The whole thing is one big corrupt thoughtless balls up
@judestevenson4943
December 27, 2023 at 3:23 am
1 of my mates who owns his own business, didn't apply for a loan, he was Contacted & given 50 grand as long as he promised to pay it back!
@Kari_B61ex
December 27, 2023 at 3:23 am
And since, HMRC's telephone lines are closed for numerous, legitimate queries… due to the fact that they have nearly 2 years of unopened post to clear. Our Covid Furlough/Grants scheme were one of the best in the World, and for that I applaud Rishi – this kept many small businesses trading during the Covid lockdowns. There are always going to be the money grabbing fraudsters and for that reason alone I know that claims should have been far more complicated, and details of a grant made clearer… I'm saying this as one of my clients queried their tax bill (as they hadn't been able to work) but had received 2 Covid Grants, which equated to higher than their normal annual earnings, but they obviously hadn't incurred their normal expenditure…😆🥺
@traitorsgate9516
December 27, 2023 at 3:23 am
All goverments are lazy and stupid just that british goverments are more so.
@anthonywilson8998
December 27, 2023 at 3:23 am
wasted money is MASSIVE we already know overpriced people contracts and the track and trace 37 billon.You cannot talk any budget issues without looking at govmt waste etc. CRIMINALS IN OUR OWN GOVMT
@georgeengland1699
December 27, 2023 at 3:23 am
Bonkers Boris is as bad as crazy Corbyn.
@davidreynolds6477
December 27, 2023 at 3:23 am
And this government scrapped the triple lock for pensioners because there wasn’t the money to cover it
@williamkennedy5492
December 27, 2023 at 3:23 am
Its so serious and why do i say i am not surprised by this report, anything this government and those useless civil servant touch is a complete cock up, and we the tax payer foot the bill, it is totally unacceptable. and nothing will be done.
@davelewis7098
December 27, 2023 at 3:23 am
A cut in civil servant exspences and wages across the board and frozen for 40 years that helps towards the dept they created also anyone who had furlough hand outs who also had savings pay it back I'm self employed I've been living off my savings !!! God bless us all.
@rachelbutler9105
December 27, 2023 at 3:23 am
The government offered 50 thousand pounds and everyone and everyone applied who had a company and bank account..
People applied online and the money was in their account in 72 hours, everyone was on the bandwagon telling others, you need a company and a bank account.. That was it…… 50k they spent and will never give it back. I on the other hand major tax payer did not receive a brass farthing.. Biggest burden online sales from Amazon ect..for taking British money and paying taxes elsewhere.. tax at purchase a new your not escaping paying for having our citizens as customers. Stop ravaging the shop keepers and get online sale taxes together. NOW
@tomsawyer4321
December 27, 2023 at 3:23 am
Another misdirection! You can bet the majority of inappropriate loans went to civil servants and politicians acquaintances. Very few genuinely deserving folk got the relief required but plenty of high flyers have invested low interest cash for massive gain
@MrMatt747
December 27, 2023 at 3:23 am
Diversity is our strength . As we are told over and over as we see the diversity crowd driving high end cars and owning high end homes or more than one.
@daflondon
December 27, 2023 at 3:23 am
Incompetence or malice?
@lilizzie86
December 27, 2023 at 3:23 am
When they said they are cutting the need to repay the money that was defrauded for COVID loans, do you really think those lenders who lent us trillions of pounds going to say oh it’s okay you misspent that money or some of that money was defrauded, don’t worry we will cut that out your overall bill??? I highly doubt it, us as a nation and the future generations are still going to have to pay back the full bill, so the innocent are double conned and subjected to extreme hardships whilst those who committed fraud nearly get off Scot free, and yet you call that fair decent or honest?
@brightonduder
December 27, 2023 at 3:23 am
There was no time to audit the applications because of the immediate lockdowns – and the fault was further upstream ie there should have been NO lockdowns. All the shitshow unintended consequences will be haunting us for a decade or more
@jackdelaney6633
December 27, 2023 at 3:23 am
it should be childsplay to retrieve this money, everyones tax return should show up any fruad surely!
@johndoe-mz7dr
December 27, 2023 at 3:23 am
I am sorry but not one politician or the house of lords is fit for purpose just look at the state of the country. They are all champagne charlies, with a i'm aright jack attitude.
@jameshiggins8097
December 27, 2023 at 3:23 am
Many East European builders took bounce back loans and the support payments from tax office. Worked almost everyday. Build lovely houses in there own country’s . Thanks you English.
@michaelwynn8811
December 27, 2023 at 3:23 am
Guy had 50 grand ,his brother had 50 plus 45 on top ,the were nicking cars and sending them abroad ,there were loads doing it
@brucejones1123
December 27, 2023 at 3:23 am
Kick Boris out and put Portillo in 🙂
@rjames3981
December 27, 2023 at 3:23 am
Yes. This is crazy. Best ‘stir things up’ in Eastern Europe as a diversionary tactic.
@connorcavanaugh4109
December 27, 2023 at 3:23 am
hurrah Michael Portillo is back for the second time! I do hope that he's not here just for the Boris saga – he's a great presenter.
@livelearnandteach7402
December 27, 2023 at 3:23 am
The tip of the fuc*ed up covid response iceberg and that's one seriously large iceberg.
@AbbyGirl11
December 27, 2023 at 3:23 am
I like the softly spoken Mr Portillo with his ability to call out the absolutely astonishing mismanagement of people’s money without the usual screaming and bad language used by other presenters. His clear and concise dissection of the problem with sensible solutions is really refreshing. More please.
@NeoFreshair
December 27, 2023 at 3:23 am
Fraudsters claimed £4.3 billion during Covid no thanks to the useless Rishi Sunak!
Banks warned him to do proper checks on businesses applying for loans through the banks, but Richi told banks not to do any checks and the treasury will guarantee these loans!
And I believe billions more have been scooped and will never been seen or traced, because it will cost tens of millions to investigate and try to get 1% of the stolen loans!
That's why Rishi wrote the £4.3 billion off!!
@carlfenwick8512
December 27, 2023 at 3:23 am
It would be just too embarrassing for the government to admit that they have been grossly inefficient and have wasted taxpayer's money during the pandemic. They can't afford to show up the civil service and public sector for being unfit for purpose.
@yiguanas812
December 27, 2023 at 3:23 am
The plural of loan is loans.
@shadowBanned2023
December 27, 2023 at 3:23 am
What about the millions in purchases of vaccines by the government with tax payer money that the CEO of Pfizer said on CNN made little if any difference?
@mikemorris7117
December 27, 2023 at 3:23 am
The vast majority of takeaways are fronts for one crime or another. The religion of peace will have had a field day with this!!
@fubar.1
December 27, 2023 at 3:23 am
Let's be real here , over half of tax payers money is wasted every year, I'm surprised the public has put up with it for so long.
@JohnSmith-nc6ul
December 27, 2023 at 3:23 am
Yep, of course it’s the tip of the iceberg, like the parties. The whole mismanagement of this con vid us criminal.
@rogerburn5132
December 27, 2023 at 3:23 am
Can you imagine how many hospitals could have been build with 47 billion pounds. Only one state of the art cost 100 million pounds.
@familycompactthegrange7014
December 27, 2023 at 3:23 am
This is a serious scandal, but if people don't start making a big fuss about it to their MPs, BTL, letters to newspapers – anything to keep it high up the list of current newsworthy items – then it will disappear, and it is a very good point to raise when questioning this government's desire to tax us to the hilt.
@michael99er
December 27, 2023 at 3:23 am
Funny isn't it, they spent half a trillion pounds on this pandemic …knowing full well WE would be paying for it. Nice!
@petervankas1352
December 27, 2023 at 3:23 am
Government must never be allowed to do this again. Their Acts and statutes have no legitimate standing .
@garyowen4112
December 27, 2023 at 3:23 am
i think we all know that its the tip of the iceberg,its the paying it back thats worrying ordinary people because its we who will end up paying it back
@johnmarsh2078
December 27, 2023 at 3:23 am
HHJudge Cross (by name and by nature) is right. Money was doled out like sweets with no checks or balances. At least £4 billion has been written off as unrecoverable already and this is the tip of the iceberg. The salaries and expenses of ministers and civil servants involved in drafting and implementing the rules governing these loans should be reduced to reflect the unnecessary waste of OUR money on crooks and fraudsters.
@mabaker391
December 27, 2023 at 3:23 am
So what is being said without actually saying so is that the whole point behind this lockdown BS is that it was the perfect opportunity to access large amounts of money without being detected…. 😳
@ogasi1798
December 27, 2023 at 3:23 am
the annoying this is there will be more public outrage at a few commoners who robbed the state than the bastards in gvt like hancock and the rest who set their mates up for contracts worth MILLIONS with zero dilligence over costs and concerns… DIVIDE AND CONQUER – be aware when you see the stories.. Where has the real money gone? Not 50k, that matters not on the grand scheme – LOOK PAST THE SHITTY headline of a 'judge' sowing his disdain for the proles who got one over the system