Public Expenditure

(asked on 24th January 2022) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government what recent steps they have taken to help ensure value for money in public spending.


Answered by
Baroness Penn Portrait
Baroness Penn
This question was answered on 2nd February 2022

Spending Review 2021 placed a renewed emphasis on ensuring that every pound of taxpayers’ money is spent well and focused on the areas that make the most difference to people’s daily lives.

The government has set clear outcomes for what spending will buy; ensured that all decisions are informed by the best quality evidence; encouraged joint working between departments; and taken further action to drive out low value or inefficient spend.

Following the efficiency and savings review last year, Spending Review 2021 confirmed savings of 5% against day-to-day central departments budgets in 2024-25.

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