Richard Fuller
Main Page: Richard Fuller (Conservative - North East Bedfordshire)Department Debates - View all Richard Fuller's debates with the Cabinet Office
(11 years, 6 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Hurd
There is plenty of good practice to point to. However, this area is effectively a devolved matter. In the case of the National Citizen Service, we came to the Administration with an offer, saying that we think this is a valuable experience for young people and we would like to make it available to young people in Northern Ireland. To their credit, the Administration said yes.
Richard Fuller (Bedford) (Con)
Can my hon. Friend update the House about progress on the social impact finance project in Peterborough and assure the House that in developing social impact financing, he will look carefully at how it can be applied to other public sector projects?
Mr Hurd
I am grateful to my hon. Friend for his question. He takes a strong interest in the matter. The Government are ambitious to accelerate the development of social impact bonds, which create the space for commissioners to innovate and try new interventions in that space. We have already announced that we will shortly publish the details of an outcomes fund designed to do exactly that.