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Debt Management Office

Volume 400: debated on Monday 3 March 2003

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To ask the Chancellor of the Exchequer what the (a) total number of staff and (b) number of inspection staff employed by the Debt Management Office was in each year since 1997. [100212]

The DMO was established on 1 April 1998; the average number of staff employed, on a full time equivalent basis, in each of the financial years since then has been:

  • 1998–99–24
  • 1999–2000–31
  • 2000–01–37
  • 2001–02–51
  • 2002–031—73
The DMO does not employ inspection staff. However, it does employ staff engaged in audit and compliance functions; the numbers of these, on a full time equivalent basis

2 , have been:

  • 1998–99–1
  • 1999–2000–1
  • 2000–01–1
  • 2001–02–2
  • 2002–03–3

1 The average number of staff over the 1 April 2002 to 27 February 2003 period. The increase in 2002–03 reflects the integration of the Public Works Loan Board and the Commissioners for the Reduction of the National Debt into the DMO on 1 July 2002.

2 Until 2000–01 the audit function was carried out by HM Treasury internal audit staff and not DMO staff employees.