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Financial Reporting Council: Finance

Volume 476: debated on Monday 2 June 2008

To ask the Secretary of State for Business, Enterprise and Regulatory Reform what financial contribution his Department makes to the operations of the Financial Reporting Council. (208074)

For the 2008-09 financial year, the Department for Business, Enterprise and Regulatory Reform expects to contribute £3.467 million to the core operating costs of the Financial Reporting Council. With regard to future funding of the Financial Reporting Council by the Department, I refer my hon. Friend to my written statement of 6 February 2008, Official Report, column 66WS.