To ask the Secretary of State for Work and Pensions what the cost to public funds is expected to be of providing the extended Financial Assistance Scheme over 50 years. (108867)

We estimate that the total cost of providing the extended Financial Assistance Scheme will be £2.3 billion in cash terms (£783 million in net present value terms). These costs are likely to be incurred over 50-60 years. Costs in the last 10 years are likely to be small.