MPs deliver warning over DCMS chase to recoup tens of millions in Covid loans
Loans scrutinised by public accounts committee‘Gap in oversight’ over £123.8m paid to rugby teamsThere remains a “high degree of uncertainty” over whether tens of millions of pounds paid to rugby union clubs and other sports teams during the Covid-19 pandemic will ever be repaid, the House of Commons’ public accounts committee has warned.In a report published on Wednesday, the committee also criticised the Department for Culture, Media and Sport for being “overly optimistic” in believing it will recover most of the £474m it paid out to 120 organisations in the sport and culture sectors to help them survive the impact of the pandemic. Continue reading...
- Loans scrutinised by public accounts committee
- ‘Gap in oversight’ over £123.8m paid to rugby teams
There remains a “high degree of uncertainty” over whether tens of millions of pounds paid to rugby union clubs and other sports teams during the Covid-19 pandemic will ever be repaid, the House of Commons’ public accounts committee has warned.
In a report published on Wednesday, the committee also criticised the Department for Culture, Media and Sport for being “overly optimistic” in believing it will recover most of the £474m it paid out to 120 organisations in the sport and culture sectors to help them survive the impact of the pandemic. Continue reading...
