Rachel Reeves will announce today that she has ordered investigations into more than £600m worth of Covid contracts awarded under the Conservatives as Labour struggles to get on the front foot over questions of ethics.
Following days of bruising allegations over donations, the chancellor will confirm that she will refer more than half of contracts for material such as masks to the incoming Covid corruption commissioner.
The previous government recommended dropping any attempt to investigate them.
The announcement is part of a fightback for Labour, which kicked off its annual conference in Liverpool yesterday with Keir Starmer already under pressure over a range of issues, including why he and senior ministers accepted gifts worth thousands of pounds from donors.
The way in which lucrative Covid contracts were awarded through a VIP lane was an issue that dogged the Tory government, provoking criticisms of "chumocracy".
The Guardian revealed last year that the Conservative peer Michelle Mone was one of those to benefit through her involvement with PPE Medro, which was awarded contracts worth £200m. The company is the subject of a long-running investigation by the National Crime Agency.
In her speech, Reeves will say: "Billions of pounds of public money handed out to friends and donors of the Conservative party. Billions more defrauded from the taxpayer.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
London to host first finals of rugby's Nations Championship
Exclusive
Waiting game Tuchel not expected to attend matches in England until 2025
Thomas Tuchel is not expected to attend Premier League matches to scout players before he begins his role as England's head coach on 1 January.
Tuchel's club record does not mean he will shine in internationals
German's success stands out but many big-name managers have proved unable to replicate domestic triumphs in World Cups and Euros
Dyche queries FA pathway for developing English talent
Sean Dyche has questioned whether the Football Association remains committed to giving English coaches a pathway to the top after the appointment of Thomas Tuchel as men's national team manager.
Paquetá tells lawyers to complain to FA over 'leaks'
West Ham's Lucas Paquetá has instructed his lawyers to complain to the Football Association over \"false and misleading\" leaks relating to the investigation into his alleged breaches of betting regulations.
Salman puts hosts in control after wasteful England miss chances
For all the chaos that preceded this game Pakistan find themselves in control. It is not yet over but it has started to feel decided: England have never successfully chased more than 209 to win a Test in Asia and their target here is 297, the pursuit of which started in the final halfhour of the third day in the worst imaginable style.
Winless but still far from hopeless Assessing the Premier League's bottom four
Struggling quartet have not tasted victory seven matches in but have reasons to cling to optimism for the rest of the season
‘Even today, Liverpool fans I meet still show me love'
Now banished to Bremen's under-23s, the former Reds midfielder discusses injuries, Klopp and World Cup dreams
Hamano's audacious lob puts Chelsea in charge on Dutch soil
Goals from young forwards Aggie Beever-Jones and Maika Hamano showed just how bright Chelsea's future is as they continued their winning start to the season under new manager Sonia Bompastor with a 3-1 defeat of FC Twente.
Ainslie revels in underdog role as Ineos Britannia plot fightback
Twenty-four hours can be a long time on the water. When the sea state off Barcelona changed on Tuesday, the balance of the 37th America's Cup shifted with it. All of a sudden, Ineos Britannia, who were trailing Emirates Team New Zealand 4-0 in the best-of-13 series, were swept back into contention. The America's Cup is a competition for sailboat builders as well as sailors, and the subtle design differences between the two AC75 yachts gave the British team an advantage in the heavier weather. Soon enough, they had pulled the score back to 4-2.
