Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether any staff (a) have and (b) will be made redundant following the closure of the Office for Value for Money.

The Office for Value for Money (OVfM) successfully delivered on its remit.Its functions have been embedded within the Treasury, leaving a legacy of value for money improvements across the public sector.

OVfM was made up of a combination of HM Treasury employees and people on loan from other departments or public bodies. Staff on loan have returned to their home organisations and the permanent HM Treasury employees have either taken up new roles internally or left the department for new employers.

The independent Chair's contract ended alongside the closure of OVfM. An exit payment was not made.