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The Guardian | Ditched government projects lost taxpayer £6.6bn last year, watchdog says by Tom Knowles
AI generated summary, Read the full article for complete information.
The public accounts committee warned that £6.6 billion of taxpayer money was written off in 2024‑25 after government departments cancelled projects or retired assets, citing the Rwanda deportation scheme, a planned road tunnel under Stonehenge and other initiatives as prime examples of waste. The Ministry of Defence recorded the biggest loss at £1.6 billion, while the Home Office and Department for Transport lost £290 million and £472 million respectively. The report also highlighted a growing £73.4 billion liability in various compensation schemes and persistent fraud, noting £9.3 billion in over‑payments by the Department for Work and Pensions, and called for stricter value‑for‑money scrutiny and action to curb waste and fraud.
Read more: https://www.theguardian.com/politics/2026/may/22/ditched-government-projects-lost-taxpayer-billions-watchdog
#AuditOffice #CliveBetts #Treasury #PublicAccounts #taxandspending
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