Written question asked by Oliver Letwin (Conservative) on Tuesday, 25 May 2004, in the House of Commons. It was due for an answer on Tuesday, 8 June 2004. It was answered by Lord Boateng (Labour) on Tuesday, 8 June 2004 on behalf of the Treasury.

Treasury

Question: To ask Mr Chancellor of the Exchequer, what progress has been made towards the five per cent. reduction in real terms in his Department's administration budget by 2008 which he announced in the House on 17th March 2004, 419 c331. 331.

Answer: Mr. Letwin: To ask the Chancellor of the Exchequer what progress has been made towards the 5 per cent. reduction in real terms in his Department's administration budget by 2008 which he announced in the House on 17 March 2004, Official Report, column 331. [176513] Mr. Boateng: HM Treasury's Spending Review 2004 settlement, agreed at the time of the Budget, fixes the Department's administration budget in cash terms at the 2005-06 level through to 2007-08. At forecast rates of inflation, that represents a real terms reduction of more than 5 per cent. There will be further announcements in the Spending Review.

Secondary information

Type: Written question
Reference: 176513; 422 c370-1W
Session: 2003-04
Subjects: Administration Expenditure Government departments Treasury Operating costs
Link: View this Written question on www.publications.parliament.uk