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Top Treasury official warns £372billion Government spending on Covid pandemic could RISE


Government spending on Covid could soar past its current estimate of £372billion, a top Treasury official warned today.
Tom Scholar told MPs that the current National Audit Office (NAO) estimate of public expenditure during the pandemic was a good, reliable snapshot but he would expect it to change.
The Treasury permanent secretary - the department s most senior civil servant-  warned that if the public required booster jabs on top of their current double-dose it would add to Government costs.
He also said that companies defaulting on Government-backed Covid emergency loans could also see the Treasury take a larger hit. 
Appearing in front of the Public Accounts Committee (PAC) today, Mr Scholar was asked about the figure released by the NAO from its cost tracker last week.  ....

Tom Scholar , National Audit Office , Public Accounts Committee , Government Backed Covid , Coronavirus Job Retention Scheme , Bounce Back Loan Scheme , Self Employment Support Scheme , டோம் அறிஞர் , தேசிய தணிக்கை அலுவலகம் , பொது கணக்குகள் குழு , பவுன்ஸ் மீண்டும் கடன் திட்டம் , சுய வேலைவாய்ப்பு ஆதரவு திட்டம் ,

Cost of UK's Covid response has risen to £372 billion, says NAO


Cost of UK s Covid response has risen to £372 billion, says NAO
Public accountability has never been more important , says Public Accounts Committee chairwoman
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The estimated cost of the Government’s response to the Covid-19 coronavirus pandemic has risen to an “eye-watering” £372 billion, a government watchdog has said. ....

Meg Hillier , National Audit Office , Public Accounts Committee , Coronavirus Job Retention Scheme , Bounce Back Loan Scheme , Self Employment Support Scheme , Uk News , மெக் ஹில்லியர் , தேசிய தணிக்கை அலுவலகம் , பொது கணக்குகள் குழு , பவுன்ஸ் மீண்டும் கடன் திட்டம் , சுய வேலைவாய்ப்பு ஆதரவு திட்டம் , இங்கிலாந்து செய்தி ,