Slow progress in recovering incorrectly paid or fraudulently claimed Covid-19 business grants, could lead to a loss of almost £1bn, parliament’s Public Accounts Committee has warned.
MPs have suggested councils would likely recover more of the business grant funding lost to fraud and error if they were allowed to keep some of the money.
The government has shown “no real signs” of improvements that would prevent it from making the same mistakes that led to £2.2bn of Covid-19 business loans and grants being lost to incorrect or...
Reported fraud nearly quadrupling in the wake of Covid-19, and the fact that the government looks unlikely to recover most of the money, could lead to fraud and corruption becoming more accepted, the...
The level of fraud in the government’s Covid-19 loan schemes is around £1.5bn less than previously forecast, according to senior officials at the British Business Bank.
The former Cabinet Office and Treasury minister who resigned in January over the government’s measures to tackle fraud in Covid-19 loan schemes yesterday told MPs that officials and...
Lord Agnew’s dramatic resignation as a minister on the floor of the House of Lords has brought into sharp focus some of the actions the government needs to take on counter fraud.
Concerns raised by a senior Northern Irish civil servant over fraud and error in a Covid-19 support scheme eventually came to pass as a result of the extreme pace of development, according to the...
