Source · Select Committees · Public Accounts Committee
Recommendation 20
20
HM Treasury asserted that this was a similar approach to that it had taken when...
Conclusion
HM Treasury asserted that this was a similar approach to that it had taken when introducing the original schemes in March.54 It told us that, at the height of the initial schemes in the spring, they cost around £10 billion per month, but that this had reduced “quite significantly” over the period to October. It confirmed that it expected the cost of the extended schemes to be lower as a result of differences in the restrictions in place, but did not have the data available to be able to say by how much.55