Sub-prime lender Amigo Loans to liquidate after funding shortfall

Amigo Loans is going out of business because it was unable to get sufficient funds for its continued operation.

Sub-prime lender Amigo Loans is to be liquidated after failing to raise the necessary funds to compensate customers, leaving shareholders with nothing. The Financial Conduct Authority’s recent investigation found that the lender had put business interests ahead of customer needs, placing them at high risk of harm. Despite this, Amigo managed to avoid a £73m … Read more

Sue Gray Resigns from Cabinet Office and Considers Move to Labour Party

Sue Gray

Sue Gray, the civil servant who led the investigation into the infamous “Partygate” scandal, has resigned from her position at the Cabinet Office and is said to be considering a move to the Labour Party. Gray’s report, published in May 2022, detailed how government officials had held numerous parties during the Covid-19 pandemic, in breach … Read more