Furlough fraud issues have been an ongoing problem since the Job Retention Scheme was introduced by the government in March 2020. The Treasury Committee recently highlighted this problem as part of a review of the economic impact of the coronavirus pandemic. The hasty roll out of the scheme and general miss management could prove to be very costly as the Treasury estimated billions have been misappropriated.
When G7 Foreign and Development Ministers meet in London this week they will discuss investing $15 billion in developing countries in the next two years. This development fund will help women access jobs and build resilient businesses to combat the devastating economic impacts of COVID-19.