Taxpayers to foot £87m bill after ministers give failing company Covid contract then cancel it - News Summed Up

Taxpayers to foot £87m bill after ministers give failing company Covid contract then cancel it


In December 2019, Abingdon Health was teetering on the brink, with losses of £1.5million. In December 2019, Abingdon Health was teetering on the brink, with losses of £1.5m. When it was not forthcoming, Mr Hancock pulled the plug. Directors at two of them insisted last week they could have produced better Covid tests but never got a look in. He also denied that taxpayers' cash had saved a failing business: although the antibody test 'has been the catalyst' for its growth, 'there was an underlying business which was growing'.


Source: Daily Mail February 05, 2021 22:19 UTC



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