Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Patrick Hurley Excerpts
Tuesday 9th September 2025

(1 day, 22 hours ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves
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I think Opposition Members will recognise that building companies have strongly welcomed the reforms we have made to get the country building, and they are very much against the Conservatives, the Liberal Democrats and others in the House of Lords opposing the Planning and Infrastructure Bill, which could have been given Royal Assent by now without that opposition. Instead of scaremongering about something that is being consulted on, the shadow Minister might want to get on and back the positive things that the Government are doing.

Finally, I pay tribute to the former Deputy Prime Minister, my right hon. Friend the Member for Ashton-under-Lyne (Angela Rayner), for the amazing work she did to get housing on the agenda to build the 1.5 million homes that this country desperately needs, and for being an inspiration for so many people from working-class backgrounds. I applaud her efforts and her work.

Patrick Hurley Portrait Patrick Hurley (Southport) (Lab)
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8. What progress she has made on establishing the better futures fund.

Liz Twist Portrait Liz Twist (Blaydon and Consett) (Lab)
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15. What progress she has made on establishing the better futures fund.

James Murray Portrait The Chief Secretary to the Treasury (James Murray)
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In July, the Chancellor announced the better futures fund—the largest social outcomes partnership fund in the world—to break down barriers to opportunity for up to 200,000 vulnerable children and young people. The fund will boost pupil achievement, and could fund programmes to reduce reoffending or provide specialist workers for children struggling with exclusion, mental health or crime. The Department for Culture, Media and Sport is responsible for the design and implementation of the fund, and it is engaging extensively with other Government Departments, the impact economy, civil society sectors and local government partners over the coming months.

Patrick Hurley Portrait Patrick Hurley
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The better futures fund is a big step forward in working with the impact economy; as the chair of the social, co-operative and community economy all-party parliamentary group for the social enterprise sector, I am really pleased to see how it can unlock extra resources from social investors, private businesses and philanthropy to tackle the country’s urgent problems. Will the Chief Secretary ensure that the principles behind the fund are matched with the targeted approach advocated by the Independent Commission on Neighbourhoods, to make sure that the money goes where it is best needed?

James Murray Portrait James Murray
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I thank my hon. Friend for his support of what we are seeking to achieve through the better futures fund. He is absolutely right that the fund will be designed to ensure that the money goes where it is most needed and where it will have the biggest impact—principles I think we can all agree on. As I mentioned earlier, DCMS will be working extensively with other Departments, local partners and others to design the scheme and as it gets established.