Director banned for 15 years over Covid loan for firm that ‘never traded’

A company director has been banned for 15 years after obtaining a £46,500 Covid Bounce Back loan for a construction company that never traded, according to the Insolvency Service. Ademilson Nascimento, of Ridgemount Close in South London, obtained the loan in July 2020. He had… The post Director banned for 15 years over Covid loan for firm that ‘never traded’ appeared first on Construction News.

Construction retentions to be banned

The government has announced it will finally ban the use of retention payments in construction contracts. The move, announced this morning (23 March) by the Department for Business and Trade (DBT), is intended to prevent smaller firms from losing money held back against defects, particularly… The post Construction retentions to be banned appeared first on Construction News.

Construction boss banned for six years over £150,000 Covid loan fraud

The director of a construction firm has been handed a director ban and a suspended prison sentence after fraudulently claiming three Covid Bounce Back Loans valued at £150,000. Adebanjo Adebayo Talabi, 42, was the director of London-based Bebo Construction Ltd when he applied for three… The post Construction boss banned for six years over £150,000 Covid loan fraud appeared first on Construction News.

Landscaping boss breached director ban and racked up £300k in unpaid tax

An Oxfordshire landscaping boss, who ignored his director ban and left £300,000 in unpaid tax across two companies, has been banned from running companies for 12 years. The post Landscaping boss breached director ban and racked up £300k in unpaid tax appeared first on Construction Management.

Asbestos: The danger we still don’t see

By Site Safe NZ chief executive Brett Murray Asbestos is often seen as a problem of the past, but it remains our leading work-related killer, claiming the lives of around 220 people every year. New Zealand banned imports of asbestos products in 2016, but the truth is more confronting. Those deaths are today’s toll from […] The post Asbestos: The danger we still don’t see appeared first on Building Today.