Dean Wilson, director of Olive Tree Brasserie The man behind a former Preston restaurant has been banned from running businesses after abusing a Covid-19 su
The man behind a former Preston restaurant has been banned from running businesses after abusing a Covid-19 support scheme.
BBL was set up during the pandemic to help small and medium businesses survive loss of trade caused by lockdown and social distancing measures and allowed firms to receive a low-interest loan of up to £50,000. These transfers again breached the rules and the Insolvency Service found no evidence the money had been used for the benefit of the businesses. It was also found that the second loans were not declared on his statement of affairs created during the liquidation process.In August 2021, less than six weeks after the second £50,000 loan was paid to the Olive Tree Brasserie Preston Ltd, Wilson announced the closure of that restaurant.
“Thankfully all Preston staff members are keeping their jobs and will be working at our Lytham restaurant. Our Lytham, Stockton Heath & Chester restaurants remain unaffected and are open as usual. We want to assure you that the Olive Tree Brand is stronger than ever and we have an exciting future ahead.”
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