Written Question·Treasury·UIN 34572

Arms Length Bodies: Public Expenditure

Tabled: 27 February 2025

Answered: 7 March 2025

Question

James McMurdock

Independent — South Basildon and East Thurrock

To ask the Chancellor of the Exchequer, whether she has plans to introduce new financial reporting requirements for (a) arms-length bodies and (b) Non-Governmental departments that handle significant public expenditure.

Answer

Darren Jones

For arms-length bodies, inclusive of non-departmental public bodies, the legal authority to direct financial reporting requirements for their individual Annual Reports and Accounts is with its sponsoring department. HM Treasury’s Financial Reporting Manua...

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