Horizon IT System: Compensation and Public Inquiries
(asked on 31st October 2024) - View Source
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, with reference to paragraph 4.91 of the Autumn Budget 2024, what proportion of the additional funding will be used to (a) administer the compensation scheme and (b) fund the public inquiry.
Answered by
Gareth Thomas
Parliamentary Under Secretary of State (Department for Business and Trade)
Of the additional funding set out in the Autumn Budget 2024 for financial years 2024/25 and 2025/26, over £150m will be used to administer the various compensation schemes. Over £100m has been set aside to continue to fund DBT and Post Office’s participation in the public inquiry.
The Budget also set out that around £1.8 billion has been set aside for redress costs for the victims of the Horizon IT Scandal from 2024-25.