Dormant Assets Scheme

Department for Culture, Media and Sport written question – answered am ar 21 Mai 2024.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Lord Blunkett Lord Blunkett Llafur

To ask His Majesty's Government when they plan to distribute the next allocation from the Dormant Asset Scheme, and how much this allocation will be.

Photo of Lord Parkinson of Whitley Bay Lord Parkinson of Whitley Bay Parliamentary Under Secretary of State (Department for Culture, Media and Sport)

The Dormant Assets Scheme is expected to release £350 million for England between 2024 and 2028. HM Government intends to allocate this equally between the four causes we have set out: youth, financial inclusion, social investment wholesalers, and community wealth funds. Further details will be published in due course.

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