November 29th, 2022.



Thousands of sole traders who took out a Covid-19 loan could have their names revealed if a pressure group wins an appeal this week.

An appeal tribunal could agree with anti-corruption campaigners Spotlight on Corruption that the British Business Bank, which oversaw £47bn worth of Covid loans being given to small businesses, must reveal the names of some or all or the 1.7m businesses which borrowed money.

Spotlight on Corruption is pushing for the BBB to comply with a freedom of information request it lodged two years ago. But the bank rejected the request – a decision which was upheld by regulator the Information Commissioner’s Office (ICO).

The fear is that many of those who took out Covid-19 Bounce Back Loans were sole traders, and that publicly naming them could make them easy pray for fraudsters.


For the full story at smallbusiness.co.uk CLICK HERE.