Dormant Assets Scheme

Department for Culture, Media and Sport written question – answered at on 21 May 2024.

Alert me about debates like this

Photo of Lord Blunkett Lord Blunkett Labour

To ask His Majesty's Government when they plan to distribute the next allocation from the Dormant Asset Scheme, and how much this allocation will be.

Photo of Lord Parkinson of Whitley Bay Lord Parkinson of Whitley Bay Parliamentary Under Secretary of State (Department for Culture, Media and Sport)

The Dormant Assets Scheme is expected to release £350 million for England between 2024 and 2028. HM Government intends to allocate this equally between the four causes we have set out: youth, financial inclusion, social investment wholesalers, and community wealth funds. Further details will be published in due course.

Does this answer the above question?

Yes2 people think so

No1 person thinks not

Would you like to ask a question like this yourself? Use our Freedom of Information site.