Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the written statement entitled Plan for Change: Milestones for mission-led Government, published on 5 December 2024, HCWS285, and the policy paper entitled Plan for Change, published on 5 December 2024, CP1210, whether funding announced in the Plan for Change includes funding previously announced by the Government; and whether there will be Barnett consequential funding for devolved administrations.

The government sets out its plans for departmental expenditure at regular Spending Reviews. The current Spending Review (SR25) is split into two phases.

Phase 1 of the Spending Review was published alongside Autumn Budget 2024, resetting budgets for 2024-25 and setting departmental budgets for 2025-26, including funding which will support delivery of the Plan for Change priorities. Autumn Budget confirmed the largest real-terms funding settlement for the Devolved Governments since devolution.

Phase 2 of the Spending Review will conclude later this year and the milestones announced in the Plan for Change will be the core priorities. Phase 2 will allocate departmental budgets between 2026-27 and 2028-29, with an additional year (2029-30) for capital spending. The Barnett formula will continue to apply in the usual way.