Estimates show government could be losing between £22 and £49 billion per year to fraud and error. Debt owed to government currently stands at over £22 billion. Grant spending accounts for £139 billion, which is around 20% of government expenditure.
The Function provides strategic leadership and sets cross-government standards for fraud, error grant and debt initiatives.
We work with departments to:
identify and reduce financial losses through fraud and error
improve overdue debt management
improve the effectiveness of grants whilst reducing the costs of their administration through the Grants Efficiency Programme
identify more fraud and error and make sure changes are made to prevent it.
provide counter-fraud remedies and common solutions to cross-cutting issues.
The National Fraud Initiative is a data-matching project across a large number of government organisations, which flags up inconsistencies that might indicate fraud, error or overpayment.
The Debt Market Integrator is an initiative to support government departments to improve debt recovery through shared capacity and multi-agency data analytics.
The Grants Efficiency Programme is working collaboratively with departments to reduce the costs of grants administration; reduce losses from fraud and error in grants, and; increase the effectiveness of grant funding for the tax-payer.