Category: Worldwide

UK loses £15bn to Covid loan fraud

By RT Parliament’s spending watchdog condemned “unacceptable” financial losses due to scams and errors At least £15 billion ($20.39 billion) of taxpayers’ money has been lost through fraud and error in the government’s Covid emergency loan schemes, the Public Accounts Committee (PAC) claimed in a report published on Wednesday. Condemning the situation as “unacceptable,” the […]