Public Expenditure
The question
To ask the Chancellor of the Exchequer, on what day and time (a) she and (b) her advisers received the first draft of her Department's publication entitled Fixing the Foundations: Public spending audit 2024-25, CP 1133.
Answered by Darren Jones
As the Chancellor of the Exchequer set out in her statement to Parliament on 29th July 2024, she asked Treasury officials, on her first day in office, to undertake a rapid audit of public spending. Officials updated the Chancellor on the findings of the audit throughout the process, and she took immediate action to find £5.5 billion of savings in 2024-25, rising to £8.1 billion in 2025-26. The conclusions of the public spending audit were presented to the House of Commons on 29th July 2024.
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