PARLIAMENTARY WRITTEN QUESTION
Capital Investment (26 March 2024)
Question Asked
To ask the Chancellor of the Exchequer, what the return on investment criteria are for prioritising proposals in the next Spending Review.
Asked by:
Peter Dowd (Labour)
Asked by:
Peter Dowd (Labour)
Answer
At the Spring Budget, the Chancellor announced that the Treasury will put in place a robust and comprehensive strategy for improving public sector productivity at the next Spending Review, putting these improvements at the heart of departmental settlements.
As the Chancellor set out, building on work to date and the £4.2 billion of funding announced at the Budget, relevant departments will develop detailed productivity plans over the coming months ahead of the next Spending Review.
Further decisions will be taken at the Spending Review.
Answered by:
Laura Trott (Conservative)
15 April 2024
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