Covid-19 support worth ?4.5bn lost to error and fraud
An estimated ?4.5bn in Covid-19 support has been lost to error and fraud since 2020, the tax authority has revealed.
The money was handed out through schemes to help households and businesses cope with the economic fallout of the pandemic.
The scale of the money lost was detailed in a letter to a committee of MPs overseeing government spending.
The letter says the estimate of ?4.5bn did not count money recovered by the UK's tax authority, HMRC.
During the pandemic the government spent billions on a package of support to keep the economy afloat when lockdown restrictions were in place.
Last year a forecast by the UK's official economic analyst, the Office for Budget Responsibility, estimated the total cost of pandemic-related rescue measures to be ?310bn.
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https://www.bbc.co.uk/news/uk-politics-64304428