lofthouse
Tuesday 1st February 2022 6:57pm [Edited]
Nowhere
13,974 posts
I know mate, I'm just a pedantic bastard
from the DHSC annual report: "The Department estimates that there has been a loss in value of £8.7 billion of the £12.1 billion of PPE purchased in 2020-21."
The impairment relates to
£0.67 billion - "PPE which cannot be used, for instance because it is defective."
£2.6 billion - "PPE which is not suitable for use within the health and social care sector but which the Department considers might be suitable for other uses (although these potential other uses are as yet uncertain)."
£0.75 billion - "PPE which is in excess of the amount that will ultimately be needed."
£4.7 billion - "Adjustment to the year-end valuation of PPE due to the market price of equivalent PPE at the year-end being lower than the original purchase price."
In other words the DHSC paid above the odds for more PPE than was needed, tons of which are not fit for purpose.
No wonder we can't pay nurses a decent wage- shitting billions away on useless equipment doesn't help