Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, what data his Department holds on the underspend for the (a) Restart and (b) Kickstart schemes as of 7 February 2023.
The last published / audited figures showing the Restart position are from 21/22. |
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Budget | Forecast | Overspend |
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£m | £m | £m |
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21/22 | 333.9 | 343.8 | 9.9 |
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a) Kickstart
Grants were awarded in response to the economy's demand for the creation of additional jobs. Almost immediately after Kickstart launched, the economic situation changed significantly, lowering immediate demand for the scheme.
The Department spend on Kickstart for 21/22 was £855.9m. Surplus funding of £96.9m was returned to HMT at year end. This is in line with the normal budgeting process.