Department incurred £3.5 billion in impairments for unused COVID-19 vaccines and medicines.
As well as the significant volumes of PPE it purchased, and is now disposing of, the Department entered into contracts for both COVID-19 vaccines and COVID-19 medicines which commit it to procure future stock. It recognised impairments on these contracts in 2021–22 of £1.7 billion for COVID-19 vaccines and £1.8 …