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Minister quits in Lords over government handling of Covid loans fraud

Lord Agnew resigns in parliament after £4.3bn write-off, saying oversight of loans scheme had been ‘nothing less than woeful’

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The minister responsible for efficiency has dramatically resigned his post publicly in parliament, saying he was unable to defend the way the government handled fraudulent Covid business loans.

“Given that I am the minister for counter-fraud, it would be somewhat dishonest to stay on in that role if I am incapable of doing it properly,” Theodore Agnew, a Cabinet Office minister whose brief also covers the Treasury, told the Lords.

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