Public Sector Fraud Authority shoots past target, saving £311m for UK taxpayer

In its first full year of operation, the UK Public Sector Fraud Authority (PSFA) exceeded targeted savings of UK£180m (US$221m) in losses to prevent and recover UK£311m (US$382m). The agency also underspent its 2022/23 budget of UK£11.25m (US$13.82m) by 7%.

In its first full year of operation, the UK Public Sector Fraud Authority (PSFA) exceeded targeted savings of UK£180m (US$221m) in losses to prevent and recover UK£311m (US$382m). The agency also underspent its 2022/23 budget of UK£11.25m (US$13.82m) by 7%.