Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what the budget will be for the Office for Value for Money; and how many staff it will have.
The Office for Value for Money is a time-limited, multidisciplinary team of up to 20 civil servants based in HM Treasury and led by David Goldstone, the independent Chair. Its costs in 2024-25 and 2025-26 will be funded from HM Treasury's RDEL settlements, which were announced as part of the first phase of the Spending Review in Budget 2024.