Horizon IT System: Compensation and Public Inquiries
The question
To ask the Secretary of State for Business and Trade, with reference to paragraph 4.91 of the Autumn Budget 2024, what proportion of the additional funding will be used to (a) administer the compensation scheme and (b) fund the public inquiry.
Answered by Gareth Thomas
Of the additional funding set out in the Autumn Budget 2024 for financial years 2024/25 and 2025/26, over £150m will be used to administer the various compensation schemes. Over £100m has been set aside to continue to fund DBT and Post Office’s participation in the public inquiry.
The Budget also set out that around £1.8 billion has been set aside for redress costs for the victims of the Horizon IT Scandal from 2024-25.
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