Fraudulent Claims Cost UK Billions Amid Pandemic

A new report reveals that fraudulent claims during the COVID-19 pandemic cost Britain's public finances £10.9 billion. The former government's aid schemes, lacking adequate safeguards, are primarily blamed. Efforts are underway to reclaim £400 million already. This highlights broader accountability issues and economic repercussions from the pandemic.

Fraudulent claims during the COVID-19 pandemic have cost Britain's public finances a staggering £10.9 billion, according to a recent independent report.

The COVID Counter Fraud Commissioner revealed inadequacies in schemes like Bounce Back Loans and Eat Out to Help Out, leading to significant financial losses amid the health crisis.

Efforts by the government have seen £400 million recovered so far, but the situation highlights the need for stronger safeguards in crisis response efforts.