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Why is Rachel Reeves clawing back such a small amount of Covid waste?

Only £2.6 billion? Why is Rachel Reeves clawing back such a small amount of Covid waste?

The Chancellor is right to turn the spotlight onto the huge amounts of money that were wasted by the Conservative government – but the tiny amount that she thinks she’ll get back betrays a lack of ambition.

Here’s The Guardian:

Rachel Reeves will appoint a commissioner within weeks tasked with recouping billions from Covid contract fraud.

The chancellor is understood to believe the Treasury can recoup £2.6bn from waste, fraud and flawed contracts signed during the pandemic.

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The commissioner will work with HMRC, the Serious Fraud Office and the National Crime Agency to examine an estimated £7.6bn worth of Covid-related fraud. This includes business loans and grants, incorrectly claimed furlough and abuse of Rishi Sunak’s flagship “eat out to help out” scheme.

She is also expected to point the finger for the flawed contracts directly at Sunak, particularly the billions wasted on useless personal protective equipment (PPE).

Labour said during the election campaign that billions could be recovered from the fraudulent contracts, though costs of more than £4bn are believed to be irrecoverable.

Why irrecoverable?

And what about all the other wasted cash?

Take a look at just the Covid-related parts of the list that follows:

Why isn’t Reeves trying recover all of them?

Source: Reeves to appoint Covid corruption tsar to claw back billions of waste | Rachel Reeves | The Guardian


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