The financial cost of UK public sector fraud: a less painful way to reduce public expenditure

Abstract

In the run up to the general election (6 May 2010), with all political parties struggling to devise ways of reducing public expenditure, there has been little comment about one way in which major savings can be achieved - and painlessly. There is now the potential for real savings, rather than just rhetorical ones, from reducing losses to fraud. This Report outlines:- -What the real losses are -How much they can be reduced by -How quickly -Where the savings can be made -What needs to be done.