Skip to main content

Discretionary Social Fund (Allocations 2008-09)

Volume 474: debated on Monday 31 March 2008

I am pleased to announce that the gross discretionary social fund budget for 2008-09 will be £682 million. This includes a £40 million injection of net funding, being the third of three which in total comprise a substantial £210 million boost to support changes to the loans scheme.

With the net funding available, I have been able to allocate a gross national loans budget of £540 million and a national community care grants budget of £141 million from 1 April 2008. £1 million will be retained centrally as a contingency reserve. For example it is available to provide help to Jobcentre Plus budgets facing unexpected and unplanned expenditure.

Details of individual budget allocations will be placed in the Library.