Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the adequacy of the cost-effectiveness of her Department's Arm's Length Bodies.

The Chancellor recently launched Phase 2 of HM Treasury’s departmental Spending Review covering 2026/27 to 2028/29. The conditions of the Review require a zero-based, line-by-line review of all departmental spending to assess whether it is a priority for this government and represents value for money for the taxpayer. This approach extends to the department’s Arm’s Length Bodies (ALBs). The Spending Review will conclude on 11 June 2025.