Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will list each (a) saving and (b) efficiency planned by her Department for the 2024-25 financial year to help meet the Government's overall savings target.

Through Spending Review 2025 Phase 1 HM Treasury received funding in 2024-25 for discrete, new pressures that have arisen since the previous Spending Review, such as the Post Office Enquiry and Extraordinary Revenue Acceleration funding for Ukraine. No additional funding beyond that was requested for pay uplifts, inflation, financial pressures in the departments Arms-Length bodies, or to support work on the new priorities of the government, for example for the establishment of the Office for Value for Money. These financial pressures have instead been managed within the department, including through the re-prioritisation of staff.

In accordance with the published Government Efficiency Framework (GEF), the department has a programme of efficiency initiatives which it monitors centrally and will continue to do so into the next Spending Review period. This includes pursuing tech solutions including the use of AI, standardising processes and reviewing delivery models. Information on the individual workstreams is not published publicly.