'Money boiled off into the atmosphere' - watchdog reveals £6.6billion wasted by Government in a year

'Money boiled off into the atmosphere' - watchdog reveals £6.6billion wasted by Government in a year

Nearly £7billion of public money has been written off in a single year, the Committee of Public Accounts (CPA) has revealed. Across 17 main departmental groups within Government, £6.6billion was wasted, with this money not being used to achieve its intended objectives or generate any value towards the taxpayer. In a report of the National Audit Office’s findings for the year 2024-25, it also highlights how financial reporting from Government dep…