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Thursday, June 15, 2006
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National Fallen Stock Scheme Funding to be extended

The government is to extend funding for the National Fallen Stock Scheme after the publication of an independent review of the company and its service.

In line with one of the report's recommendations for improving the service, DEFRA has agreed to extend funding until November 2008 (it was originally due to end in November 2007).

However, the money is not in addition to current funding, but merely an extension to the timeframe in which the funds will be available.

Initially, the government was to provide a £20m subsidy over three years to help establish the service, but because of lower-than-expected uptake, it is estimated there will be £3m-£5m unspent by November 2007 - hence the recommendation to extend funding.

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Source: FWi


Sunday 5th July

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