Government took ‘laissez-faire approach’ on multibillion-pound schemes, MPs say

PA Wire

The Government has increased the risk that taxpayers will lose money in the way it has treated banks who lent during its Covid-era loan scheme for small businesses, a group of influential MPs have said.

In a report published on Wednesday the Public Accounts Committee (PAC) accused the Department for Business, Energy and Industrial Strategy (Beis) of taking a “laissez-faire approach.”