Public Expenditure

(asked on 30th July 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, on what day and time her Department's publication entitled Fixing the Foundations: Public spending audit 2024-25, CP 1133 was approved.


Answered by
Darren Jones Portrait
Darren Jones
Chief Secretary to the Treasury
This question was answered on 6th September 2024

As the Chancellor of the Exchequer set out in her statement to Parliament on 29th July 2024, she asked Treasury officials, on her first day in office, to undertake a rapid audit of public spending. Once the audit was complete, she took immediate action to find £5.5 billion of savings in 2024-25, rising to £8.1 billion in 2025-26. The conclusions of the public spending audit were presented to the House of Commons on 29th July 2024.

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