UK Watchdog Puts Welfare Fraud and Error Cost at £10 Billion a Year
Updated
Updated · Bloomberg · Jun 23
UK Watchdog Puts Welfare Fraud and Error Cost at £10 Billion a Year
1 articles · Updated · Bloomberg · Jun 23
Summary
£10 billion a year is being lost to fraud and error in the UK welfare system, according to analysis by the government’s budget watchdog.
The estimate puts the annual taxpayer cost at about $13 billion and lands as welfare spending moves higher up the political agenda.
Andy Burnham, whose bid to replace the prime minister gained momentum after Keir Starmer resigned on Monday, has already said he would seek to cut the welfare bill.