Ten Things You Need to Know Today: 25 July 2021

The Week’s daily digest of the news agenda, published at 8am

1. Taxpayers to shoulder Covid costs for decades

A committee of MPs says taxpayers will bear the costs of Covid “for decades”. The Public Accounts Committee said Downing Street’s response to the crisis has exposed UK taxpayers to “significant financial risks”. The MPs also attacked government spending on unusable protective kit. It added that the taxpayer would be exposed to “significant financial risks for decades to come” with the estimated cost of the government’s measures having already hit £372bn in May.

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