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Daily Record
Daily Record
Politics
Chris McCall

Lorna Slater quizzed on £9m loan given to Circularity Scotland from national investment bank

Lorna Slater is under mounting pressure to explain whether a £9m loan made to Circularity Scotland will be paid back if the recycling firm collapses.

The Scottish National Investment Bank, which is funded by taxpayers, handed the cash to the not-for-profit firm as it prepared to launch the deposit return scheme (DRS).

But Circularity Scotland was yesterday forced to call in administrators as it teeters on the verge of collapse.

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