Coronavirus Grants: Fraud

Lord Browne of Ladyton Excerpts

Tuesday 25th January 2022 Lords Chamber

[Viscount Younger of Leckie (Con)]

I think the answer has to be no. We had to move particularly quickly in very difficult circumstances. Of course, there is always a risk of fraud—all fraud is unacceptable, but there was a risk because we had to move quickly. As I say, there is a lot of work and, particularly from HMRC’s point of view, in the months and years ahead there is big scope to recover.

[Lord Browne of Ladyton (Lab)]

My Lords, fraud in government is rampant and is estimated at just under £30 billion—so writes the noble Lord in the Financial Times today. Why, in those circumstances, did the Government agree to drop the long-awaited economic crime Bill from next year’s legislatory list for Parliament to consider?

[Viscount Younger of Leckie (Con)]

I do not have an answer to that; I will have to get an answer to the noble Lord. I say again that the schemes brought forward during those very difficult times were designed in response to a pronounced market failure, particularly with the UK’s smallest businesses struggling to access the finance that they needed to survive at the start of the pandemic. Voices from across the spectrum, including from the party opposite, were shouting at us to be sure that we acted quickly. We were already doing so, but we continued to do so.