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Public Expenditure

Volume 487: debated on Monday 2 February 2009

To ask the Secretary of State for Work and Pensions with reference to page 92 of the pre-Budget report (1) how much money his Department accrued in each of the last 10 years; and what proportion each year's contribution made to the stock of money not spent in earlier years; (245033)

(2) how much money was in his Department's stock of money not spent in earlier years, in each of the last six months.

The Department for Work and Pensions was formed in June 2001 from the Department for Social Security and parts of the former Department for Education and Employment including the Employment Service. Therefore it is not possible to provide information for 2001-02 or previous years.

Subsequent to 2001-02 the Department's stock of money not spent in earlier years increased in 2006-07 by £202 million (25 per cent. of the total stock) and in 2007-08 by £5 million (0.6 per cent. of the total stock). The increases are calculated net of stock drawn down to fund in year spend. Between 2002-03 and 2005-06 the Department's stock of unspent money was reduced.

The stock of money not spent (commonly referred to as end of year flexibility) is determined at the end of each financial year in conjunction with HM Treasury and is published in the Public Expenditure Outturn White Paper.

The stock is not accrued monthly and as such the balance does not move during the financial year.