James McMurdock has declared he will not return to Reform UK after he was suspended amid scrutiny over loans obtained through the Covid support scheme. The Sunday Times reported that he borrowed 70,000 through two companies and raised concerns about eligibility. McMurdock emphasized that all business dealings were compliant with regulations but sought suspension for precaution. Following legal guidance, he will continue as an independent MP to devote himself to his constituents. His departure marks the second loss for Reform UK in parliament recently.
James McMurdock has decided not to return to Reform UK after asking for suspension amid allegations regarding loans taken under the Covid support scheme. He stated all his business dealings were compliant with the rules, but as a precaution, he requested suspension from the party. After receiving legal advice, he opted to continue as an independent MP, focusing solely on his constituents' interests.
The loans in question amount to 70,000 and were acquired through two firms that are being investigated for their eligibility for the Bounce Back scheme designed to support struggling businesses during the pandemic.
McMurdock's JAM Financial Limited reportedly took out a 50,000 loan, and Gym Live Health and Fitness Limited was dormant before January 2020, raising concerns about their eligibility.
This decision to sit as an independent follows the earlier suspension of Rupert Lowe, who left Reform UK earlier this year, indicating potential turmoil within the party.
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