Office for Value for Money

Richard Fuller Excerpts

Monday 20th January 2025 Commons Chamber

[Madam Deputy Speaker (Judith Cummins)]

I call the shadow Minister.

[Richard Fuller (North Bedfordshire) (Con)]

I join others in thanking the hon. Lady and her Committee for producing this report. Given the increasing pressures on public expenditure since the Budget, the report is timely. The picture it paints is that the Office for Value for Money’s remit is vague, its personnel are limited, time is tight and other established groups are already in place, and there is therefore concern that its efforts may dissipate. It is clear that it cannot do everything. The Chief Secretary to the Treasury is here, and I understand that the chair of the Office for Value for Money was clear that there are a few areas he will be looking at. Does the Chair of the Committee agree that it would be of value for those areas of investigation to be made clear and public, so that we can more clearly monitor where their impact could be felt?

[Dame Meg Hillier]

The hon. Gentleman is saying what we said in the report. As a cross-party Select Committee of the House, we said that we need more detail about what will come. The chair of the Office for Value for Money was in front of us before Christmas, and we recognised that, given the body had only been established in October, he might not have all the answers, but we need those with dispatch, if this body is to be disbanded in October and is to contribute meaningfully to this spending review, although we recognise that would be challenging within the timeframe. If he is to lay down markers for genuine value for money and better spending by Government in the long term, we need precision. We have asked the Treasury for that, and hopefully it will respond to us in quick time—it has to respond to us, whether it wants to or not—with answers. We also need to evaluate the effectiveness in terms of whether, when the Office for Value for Money comes up with its studies and things, they will have to be taken on by the Treasury. We want to know the mechanisms for that and how the Treasury will prove to this House and taxpayers that the body has made a big difference.