
In the News
@itn
A report into pandemic spending found that £10.9bn in taxpayer money was lost to fraud and error, much of which is now unrecoverable.
Emergency schemes like furlough and Bounce Back Loans were rolled out quickly, but poor oversight, low-quality data and weak contracting left them open to abuse.
PPE procurement saw £13.6bn spent, but 11 billion items went unused and losses reached £10bn due to over-ordering and fraud.
The report warns that most public bodies were unprepared for crisis-scale spending and calls for reforms to ensure stronger controls and fraud prevention in future procurement and emergency response systems.
Do you agree that the UK government needs to reform how it procures goods and services to prevent future waste and fraud?
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