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Written question asked by Andrew Snowden (Conservative) on Tuesday, 30 June 2026, in the House of Commons. It was due for an answer on Thursday, 2 July 2026. It was answered by Lucy Rigby (Labour) on Tuesday, 7 July 2026 on behalf of the Treasury.


Investment: Public Sector

Question

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the updated HM Treasury Green Book on the geographic distribution of public investment across the UK.

Answer

The new Green Book ensures that investment decisions are no longer based solely on single metrics, such as benefit-cost ratios, and that decisions instead take into account the full range of impacts on people and places.

This new approach will shape important decisions, such as on Northern Powerhouse Rail, and ensure that government investment brings about higher living standards in every part of the country.

HM Treasury has published a report on its progress in implementing the conclusions of the Green Book Review in 2025.

The report can be found here: https://www.gov.uk/government/publications/green-book-review-2025-one-year-on


Secondary information

Type
Written question
Reference
14513
Session
2026-27
Subjects
Investment Public sector Public expenditure
Link
View this Written question on www.parliament.uk