Question to the Department of Health and Social Care:
To ask the Secretary of State for Health and Social Care, what the level of reserves held by The Caxton Foundation were, prior to their winding up in 2018; and how those reserves were distributed.
For the cessation period which ended 16 August 2018, closing reserves were £203,657 which was returned to the Department, as the Founder, at close on 16 August 2018, in line with the requirements of the Trust Deed.
The Department has since directly financed the NHS Business Services Authority to administer the England Infected Blood Support Scheme to provide discretionary ex gratia financial assistance, to those individuals who have been shown to be infected or affected, by hepatitis C and HIV throughout the 1980s and 1990s. On 30 April 2019, the Department committed to increase the total amount of financial support for these individuals from £46 million to £75 million.