Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the answer of 6 September 2024 to Question 2637 on Office for Value for Money, what plans she has for targeted interventions; and what estimate she has made of operating cost of the office in its first full year of operation.

As a new venture, the Office is developing its workplan and will make more information public as it develops.

The Office for Value for Money is currently a part of HM Treasury. Existing departmental resources will be reprioritised to fulfil the needs of the office where possible.