Oral QuestionTreasury

What steps she is taking to help ensure value for money in public spending.

Tabled: 26 February 2025Answered: 4 March 2025

Asked by

Nesil Caliskan

LabourBarking

Answering Minister

the Chancellor of the Exchequer

Answer from Hansard

The Chief Secretary to the Treasury (Darren Jones)

The Government are committed to spending taxpayers’ money efficiently. At the autumn Budget, we launched the Office for Value for Money to realise benefits from every pound of public spending. Through phase 1 of the spending review, Departments were set a 2% productivity, efficiency and savings target to ensure that every pound of taxpayers’ money is well spent. The next phase of the spending review has gone further. I have asked each Department to conduct a line-by-line review of existing day-to-day budgets to identify where spending is no longer aligned with this Government’s priority or is poor value for money.