Written Question·Department of Health and Social Care·UIN 44141

Social Impact Bonds

Tabled: 3 April 2025
Answered: 14 April 2025

Question

Martin Wrigley

Liberal DemocratNewton Abbot

To ask the Secretary of State for Health and Social Care, if he will make an assessment of the potential merits of introducing a phage impact bond that is similar to previous social impact bonds.

Answer

Ashley Dalton
Social Impact Bonds (SIBs) are a mechanism to raise investment for a service provider. SIBs are commissioned on a payment-by-results basis, with the payment being proportional to the delivery of a positive social outcome.As detailed in the Government’s re...

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