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1698962

	registered interest
	date	26/03/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Public Expenditure
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, with reference to his Department's contingent liability approval framework guidance, updated on 20 April 2023, what the total lifetime expected net cost was of all the applications for contingent liability approved by his Department in each financial year from (a) 2017-18 to (b) 2023-24 to date.
	tabling member constituency	Islington South and Finsbury
	tabling member printed	Emily Thornberry
	uin	20570
	answer	answer is ministerial correction date of answer 17/04/2024 answer text <p>The contingent liability approval framework sets out government’s policy framework for new contingent liabilities and a delegation approach.</p><p> </p><p>The government is committed to transparency on its contingent liability portfolio. For that reason, at the 2023 Autumn Statement UKGI published a comprehensive assessment of government exposure to contingent liabilities, the “Annual Report on the UK Government’s Contingent Liabilities, November 2023”.</p><p> </p><p>Government also reports individual liabilities to parliament, as set out in Managing Public Money.</p> answering member constituency Sevenoaks answering member printed Laura Trott grouped question UIN 20568 20569 question first answered 17/04/2024 16:55:02 answering member 4780 label Biography information for Laura Trott
	tabling member	1536 label Biography information for Emily Thornberry

1698961

	registered interest
	date	26/03/2024
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Public Expenditure
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, with reference to his Department's contingent liability approval framework guidance, updated on 20 April 2023, how many applications for contingent liability approval his Department has (a) received and (b) approved have fallen in the average cost per crystallisation category of (i) less than £10 million, (ii) £10 million to £50 million, (iii) £50 million to £100 million, (iv) £100 million to £500 million, (v) £500 million to £1 billion and (vi) more than £1 billion in each financial year from (a) 2017-18 to (B) 2023-24 to date.
	tabling member constituency	Islington South and Finsbury
	tabling member printed	Emily Thornberry
	uin	20569
	answer	answer is ministerial correction date of answer 17/04/2024 answer text <p>The contingent liability approval framework sets out government’s policy framework for new contingent liabilities and a delegation approach.</p><p> </p><p>The government is committed to transparency on its contingent liability portfolio. For that reason, at the 2023 Autumn Statement UKGI published a comprehensive assessment of government exposure to contingent liabilities, the “Annual Report on the UK Government’s Contingent Liabilities, November 2023”.</p><p> </p><p>Government also reports individual liabilities to parliament, as set out in Managing Public Money.</p> answering member constituency Sevenoaks answering member printed Laura Trott grouped question UIN 20568 20570 question first answered 17/04/2024 16:55:02 answering member 4780 label Biography information for Laura Trott
	tabling member	1536 label Biography information for Emily Thornberry