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United Kingdom · Question · Written question

UIN 154919

Cost Benefit Analysis

answeredUnited Kingdom· UK Parliament· EN

Introduced

19 February 2021

Last action

1 March 2021 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

1 March 2021

Summary

To ask the Chancellor of the Exchequer, whether he has recommended changes to the social discount rates that his Department applies; and whether those changes will be applied retrospectively to projects in the Government's Major Projects Portfolio.

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Timeline

  1. 19 February 2021

    Written question

    To ask the Chancellor of the Exchequer, whether he has recommended changes to the social discount rates that his Department applies; and whether those changes will be applied retrospectively to projects in the Government's Major Projects Portfolio.

    Source: Commons

  2. 1 March 2021

    Answer

    The Green Book Social Time Preference Rate (STPR) or discount rate is applied by all government departments in the formulation of policy appraisal and has been 3.5% since 2003 following regular independent expert reviews. There are no forthcoming changes ...

    Source: Written answer

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