Taxpayers to bear Covid cost for decades to come say MPs
Taxpayers will bear the costs of Covid "for decades" - and an inquiry will not come soon enough to learn lessons from the pandemic, MPs have said.
In the cross-party reports published on Sunday, the PAC said the taxpayer would be exposed to "significant financial risks for decades to come" with the estimated cost of the government's measures having already hit £372bn in May. The report states: "While we acknowledge that there was a need to relax the usual rules surrounding major spending decisions... we are concerned that this has created serious risks that may require managing for years."
The MPs also said they are "concerned that despite spending over £10bn on supplies, the [personal protective equipment] stockpile is not fit for purpose".
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