Failed Covid contracts cost British taxpayer £1.4 billion

News Anti-money laundering Sanctions & Fines

Date: 2nd Jun, 2025 Source: HM Treasury Country: United Kingdom Original Source

Brief

"On February 6, 2025, the HM Treasury issued an update regarding Failed Covid contracts cost British taxpayer £1.4 billion. The report reveals that £762 million is unlikely to be recovered due to undelivered contracts and substandard PPE not inspected for two years."

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HM Treasury

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Failed Covid contracts cost British taxpayer £1.4 billion

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Failed Covid contracts cost British taxpayer £1.4 billion

Brief

HM Treasury

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