§ Paddy TippingTo ask the Chancellor of the Exchequer what steps have been taken to appoint the fund managers of the futurebuilders investment fund. [136066]
§ John HealeyAn open competition to appoint the fund managers was launched on 10 September. A procurement exercise is now under way. It is hoped to make an appointment in December, with the funds coming on stream in the last quarter of this financial year.