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Social Fund

Volume 476: debated on Monday 2 June 2008

21. To ask the Secretary of State for Work and Pensions if he will make a statement on the operation of the social fund. (208040)

We continue to modernise and improve the social fund. Since April 2003, investment has been increased by £300 million. Over the last year, over 2.8 million discretionary loans and grants were awarded, to the value of £770 million.

We are currently exploring ways to achieve a radical reform of the budgeting loans scheme.