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MPs urge DCMS to consider sale of costly Covid debt

Chair of the Public Accounts Committee says loans made to cultural organisations during the pandemic were not intended to provide ‘a lifetime guarantee’ against financial difficulties.

Mary Stone
6 min read

The Department for Culture, Media and Sport (DCMS) should consider selling its Covid-era loan book to provide the best value for taxpayers in the long term, according to a government report.
The recom...

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