Dry lining boss banned over bogus covid loan

The owner of a Bedfordshire dry lining specialist has been banned as a company director for 13 years for abusing the Covid Bounce Back Loan system.
Nick Addison, who was sole director of Addison’s Quality Ltd, overstated his company’s turnover to secure a loan in 2020, and used most of the funds for his own personal use.
Addison, of Leighton Buzzard, was handed the disqualification order at a hearing of the High Court in London this week and was also ordered to pay costs of £5,