Question to the HM Treasury:

To ask His Majesty's Government whether the comment by the Chancellor of the Exchequer on 11 June (HC Deb col 983) regarding Treasury policy on assessing value for money in public expenditure was intended to be retrospective; and whether decisions taken by the Government from 2010 to 2024 on projects that have not yet started will therefore be reconsidered.

The Green Book is government guidance on appraisal. It is not a ‘test’ that needs to be passed to justify a spending proposal.

The actions arising from the Green Book Review 2025 will ensure that government decisions are based on more effective assessments of place-based interventions.