Public Sector: Finance

(asked on 30th October 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to paragraph 2.99 of Autumn Budget 2024, HC 295, published on 30 October 2024, which public bodies can apply for funding from the new Public Sector Reform and Innovation Fund; whether public bodies will bid for those funds competitively; and if she will publish the terms of reference for that Fund.


Answered by
Darren Jones Portrait
Darren Jones
Chief Secretary to the Treasury
This question was answered on 8th November 2024

The Public Sector Reform and Innovation Fund allocates £165 million to a range of projects in 2025-26, including support for foster care, delivering apprenticeships and planning reforms.

In addition, the Budget allocates a further £100 million over the next three years to trial new and innovative projects, partnering with Mayors and local leaders, and focused on developing new approaches to public services with a focus on experimenting and learning. We will announce more details on this in due course.

Reticulating Splines