Question
Lord Blunkett
Labour
Life peer
Lords
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.
Answered on
21 May 2024
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.
Answered by
Department for Culture, Media and Sport