Two ex-BBC executives who worked on Doctor Who were given a £4 million loan in taxpayers’ cash to set up a new TV company before paying themselves £1.3m despite making a loss

‘Two former BBC executives, who worked on worked on Doctor Who, were given a £4million loan in taxpayers’ cash to set up a new TV company before paying themselves £1.3m despite making a loss.
Jane Tranter and Julie Gardner started their own company called Bad Wolf with the public cash from the Labour-run Welsh Government.
Tranter, 54, and Gardner, 48, were given a loan of £4m from the Welsh Government to set up a studio in Cardiff for ‘high-end TV and film for the global television market’.
But after Bad Wolf’s first year, the firm’s accounts revealed Tranter was paid £855,417 and Gardner received £519,301.
Over the same period, between July 2015 to December 2016, the organisation reported a loss before tax of £2.8m.’
Read more: Two ex-BBC executives who worked on Doctor Who were given a £4 million loan in taxpayers’ cash to set up a new TV company before paying themselves £1.3m despite making a loss