Public Expenditure

(asked on 26th February 2026) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what steps they are taking to increase capability, transparency and value for money in public sector expenditure.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 9th March 2026

This Government is committed to ensuring that every penny of public money is spent wisely, driving out low value spending and ensuring the state becomes more productive.

At Spending Review 2025, the Government announced that it would deliver total annual efficiency gains of almost £14 billion by 2028-29. It published departments’ efficiency targets and plans, allowing external scrutiny and public accountability.

At the Budget in November 2025, the Government committed to going further on efficiency and savings by delivering an additional £2.8 billion savings in 2028-29 and £5 billion by 2030-31. Alongside this, the Chief Secretary to the Treasury is leading a suite of reviews to drive value for money across government spending.

The Government has recently published an updated Green Book, the UK government guidance on appraisal and value for money. It has also started to publish business cases for major projects, meaning the public can be confident that taxpayers’ money is being spent on projects that deliver best possible value.

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