{"value":{"id":1869963,"memberId":4559,"member":null,"memberRole":"The Financial Secretary to the Treasury","uin":"HLWS1232","dateMade":"2026-01-12T00:00:00","answeringBodyId":14,"answeringBodyName":"Treasury","title":"Contingencies Fund Advance: National Savings and Investments","text":"<p>My honourable friend the Economic Secretary to the Treasury (Lucy Rigby) has today made the followng Written Ministerial Statement.</p><p>HM Treasury has agreed additional Resource departmental expenditure limit (DEL) and Capital DEL funding for National Savings and Investments (NS&amp;I), supporting NS&amp;I’s Business Transformation Programme, which will see it transition to a modernised operating model, with multiple service delivery partners.</p><p>Parliamentary approval for additional resource of £40,000,000 and capital of £69,000,000 will be sought in a Supplementary Estimate for NS&amp;I. Pending that approval, urgent expenditure estimated at £109,000,000 will be met by repayable cash advances from the Contingencies Fund.</p>","house":"Lords","noticeNumber":0,"hasAttachments":false,"hasLinkedStatements":true,"linkedStatements":[{"linkedStatementId":1869959,"linkType":"JointStatement","linkDate":"2026-01-12T00:00:00"}],"attachments":[]},"links":[{"rel":"self","href":"/Statements/1869963","method":"GET"}]}