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BEIS Annual Report & Accounts 2020-21


Gareth Davies, the Comptroller and Auditor General (C&AG) of the National Audit Office, has qualified his audit opinion on the Department for Business, Energy and Industrial Strategy 2020-21 accounts because of the material levels of fraud and error in COVID-19 business support scheme expenditure.

The Committee will question senior officials at BEIS on

  • the reasons and context for the qualified audit opinion in relation to fraud and error in the COVID-19 business loan scheme guarantees and COVID-19 business support grants; and
  • the Department’s current estimates of the level of fraud and error in these loan and grant schemes, including the levels of uncertainty in these estimates.

If you have evidence on these issues please submit it here by Wednesday 16 February 2022 18:00.