Treasury written question – answered at on 8 April 2025.
Richard Fuller
Shadow Chief Secretary to the Treasury
To ask the Chancellor of the exchequer, with reference to paragraph 2.43 of the Spring Statement of 26 March 2025, what the £150 million provided for government employee exit schemes will be spent on; and how much and what proportion of this is for redundancy payments.
Darren Jones
The Chief Secretary to the Treasury
As announced at Spring Statement the government has allocated £150 million for government employee exit schemes. Information can be found in the Spring Statement supporting documentation here:
https://assets.publishing.service.gov.uk/media/67e3ec2df356a2dc0e39b488/E03274109_HMT_Spring_Statement_Mar_25_Web_Accessible_.pdf. This will be match-funded by a further £150 million from Departments.
Exit schemes will enable delivery of leaner, smarter, more efficient government, whilst delivering savings over the medium term.
Departments will bid for funding from this central pot in order to run exit schemes, and therefore the exact details of how this will be spent is not yet known.
Yes2 people think so
No2 people think not
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The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
