Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, what the cost to the public purse has been of the New Enterprise Allowance in each of the last five years.
Between April 2011 and December 2017, New Enterprise Allowance has supported over 113,000 people to start their own business.
The Departmental spend on New Enterprise Allowance (NEA), comprising contracted mentoring costs and Allowance payments to participants who had started to trade from 2013/14 is set out in the table below:
£m | 2013/14 | 2014/15 | 2015/16 | 2016/17 | 2017/18 |
Total NEA spend | 58.8 | 44.2 | 20.2 | 29.1 | 22.1 |
Notes:
The reducing spend reflects: