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UK Financial Investments: Expenditure

Volume 506: debated on Friday 5 March 2010

To ask the Chancellor of the Exchequer what the cost to the public purse of (a) establishing and (b) maintaining UK Financial Investments Ltd has been to date. (319954)

Information on establishing and maintaining UK Financial Investments Ltd during 2008-09 is shown in Note 13.8.1 on page 214 of HM Treasury Group’s Annual Report and Accounts 2008-09 (HC 611).

Information on spending in the current financial year will be available once the financial year has been completed and the Treasury’s Resource Account, due for publication in the summer, has been audited by the Comptroller and Auditor General.

Further information on UK Financial Investments Limited’s expenditure can be found in its Annual Report and Accounts 2008-09, available at:

www.ukfi.gov.uk