Oral Answers to Questions

Andrew Bridgen Excerpts

Wednesday 29th January 2014 Commons Chamber

[Mr Hurd]

I congratulate the hon. Gentleman on his leadership in setting up the Early Intervention Foundation and on the work that it published today on domestic violence. He is entirely right that part of the value of social investment is its ability to create space to finance early intervention. That is where a lot of the social impact bonds that I mentioned are focused. I know from my conversations with Big Society Capital that it is very interested in engaging with What Works centres, including the Early Intervention Foundation. Following the hon. Gentleman’s question, I will write to the chief executive, asking him to update me on his engagement with the Early Intervention Foundation and other What Works centres.

[Andrew Bridgen (North West Leicestershire) (Con)]

Does my hon. Friend agree that the social impact of the delivery of public services should be taken account of during the procurement process, as well as the purely economic impact?

[Mr Hurd]

Yes, the Government agree with that. That is why we put the Public Services (Social Value) Act 2012 on the statute book. Later this month, we will publish a one-year-on review of that Act, because it matters to us. We are keen for commissioners—the people who spend public money—to think intelligently about how money can be stretched as far as possible.