Current:Home > MyUK’s opposition Labour Party says if elected it will track down billions lost to COVID-19 fraud -Aspire Financial Strategies
UK’s opposition Labour Party says if elected it will track down billions lost to COVID-19 fraud
View
Date:2025-04-18 12:08:16
LIVERPOOL, England (AP) — Britain’s main opposition Labour Party says that if it wins power, it will appoint a “COVID corruption commissioner” to try and recoup some of the billions lost to fraud and waste during the pandemic.
Labour economy spokeswoman Rachel Reeves is due to outline the plan in a speech Monday at the party’s annual conference. She says the commissioner will bring together tax officials, fraud investigators and law enforcement officers will track down an estimated 7.2 billion pounds ($8.8 billion) in lost public money spent on grants and contracts related to COVID-19.
Like many countries, the U.K. was forced to sidestep usual rules as it rushed to procure essential supplies and prop up people’s livelihoods during the coronavirus pandemic.
Reeves told the BBC the Conservative government was “embarrassed” by the scale of the losses and “doing nothing to get that money back.”
A multi-year public inquiry is examining Britain’s handling of the pandemic, which left more than 200,000 people in the country dead.
Reeves’ announcement comes during a four-day conference in Liverpool, where Labour is trying to cement its front-runner status in opinion polls before an election due in 2024.
The party is running 15 or more points ahead of the governing Conservatives in multiple opinion polls, as Britain endures a sluggish economy and a cost-of-living crisis driven by the pandemic, the war in Ukraine and economic disruption following the U.K.’s exit from the European Union.
Labour is trying to show it can provide an alternative to Prime Minister Rishi Sunak’s Conservatives, who have been in power since 2010. But the opposition party is wary of promising big public spending increases that would require tax hikes.
Instead, the party says it will get the economy growing faster to fund public services. It’s pledging to build 1.5 million homes to ease Britain’s chronic housing crisis, reform an “antiquated” planning system it says is holding back infrastructure improvements, and repair the creaking, overburdened state-funded National Health Service.
Leader Keir Starmer has steered the social democratic party back toward the political middle-ground after the divisive tenure of predecessor Jeremy Corbyn, a staunch socialist who advocated nationalization of key industries and infrastructure. Corbyn resigned after Labour suffered its worst election defeat in almost a century in 2019.
In a sign of Labour’s improving fortunes, the party says more than 200 executives are taking part in a business forum at the conference on Monday. For years, businesses were wary of the party, which has its roots in the trade union movement, and tended to favor the Conservatives. But recent economic and political upheavals have made many think again.
veryGood! (5229)
Related
- 2025 'Doomsday Clock': This is how close we are to self
- Why Kate Winslet Absolutely Roasted Robert Downey Jr. After His Failed The Holiday Audition
- Justin Timberlake Mourns Death of Music Director Daniel Jones at Age 41
- Nina Dobrev Jokes Her New Bangs Were a Mistake While Showing Off Her Bedhead
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Doja Cat Argues With Fans After Dissing Their Kittenz Fandom Name
- Victoria Beckham Performs a Spice Girls Song With David Beckham and Teases More to Come
- As Youngkin Tries to Pull Virginia Out of RGGI, Experts Warn of Looming Consequences for Low-Income Residents and Threatened Communities
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Blake Lively and Ryan Reynolds' Matilda Date Night Is Sweet as Honey
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Valerie Bertinelli Claps Back After Being Shamed for Getting Botox
- Former Columbia University OB-GYN to be sentenced for sexual abuse conviction
- Joe Manganiello Files for Divorce From Sofía Vergara After 7 Years of Marriage
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- South Richmond Residents Oppose Fire Training Facility
- The Nutribullet Blender I’m Obsessed With Is on Sale for Just $79
- 3 injured in shooting outside Philadelphia bar, police say
Recommendation
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
DeSantis Promised in 2018 That if Elected Governor, He Would Clean Up Florida’s Toxic Algae. The Algae Are Still Blooming
Alabama Black Belt Becomes Environmental Justice Test Case: Is Sanitation a Civil Right?
MrBeast YouTuber Kris Tyson Comes Out as Transgender
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
The Nordstrom Anniversary Sale 2023 Has the Best Deals on Footwear from UGG, Birkenstock, Adidas & More
New Research Rooted in Behavioral Science Shows How to Dramatically Increase Reach of Low-Income Solar Programs
Feel Free to Salute These Secrets About Saving Private Ryan