Transformation Fund

(asked on 26th March 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether there will be Barnett consequentials from the £3.25bn Transformation Fund announced in the Spring Statement.


Answered by
Darren Jones Portrait
Darren Jones
Chief Secretary to the Treasury
This question was answered on 1st April 2025

The Transformation Fund will be allocated to UK Government departments through the Spending Review process. The Barnett formula will apply in the normal way, as per the Statement of Funding Policy.

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