Commons Sense

House of Commons · Ministers' Questions

Green Book Wellbeing Guidance

Tuesday 23 June 2026 · 2 questions

Summarised by AI from the official record, so it can contain mistakes.

Read the full transcript on Parliament.uk

At a glance

Answered 1 Partly answered 1 Not answered 0

Key points

  • Government published an update to the Treasury Green Book in February 2026, reaffirming the importance of considering wellbeing.
  • The Government will meet with Peter Lamb and others to discuss further enhancements to the Green Book.
  • Changed evaluation rules to focus on balanced investment across all parts of the UK, including rural and coastal communities.

Topics (select to filter)

Questions & Answers

Q1 Peter Lamb Lab Crawley
Economy Taxation
Context

The Treasury published Green Book supplementary guidance in 2021 to assess policy and project impacts on citizen wellbeing.

Question

Whether she plans to update the Treasury Green Book supplementary guidance on wellbeing, given that it was last updated in 2021 and considering growing evidence for wellbeing economics in decision making.

Answer from Rachel Reeves

The Government published an update to the Green Book in February, reaffirming the importance of considering wellbeing. The new Green Book supports fairer and more balanced decisions on investment across all parts of the country, including rural and coastal communities, ensuring better chances for securing government funding.

Answered
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Q2 Peter Lamb Lab Crawley
Economy
Context

Wellbeing economics offers sophisticated means of supplementing conventional economics in decision-making, revealing that cheaper interventions often have a dramatic impact on wellbeing.

Question

Thanks the Chancellor for her response. Asks if she would meet to discuss how wellbeing economics can enhance Treasury work, considering growing evidence and its better prediction of electoral outcomes compared to traditional economic measures.

Answer from Rachel Reeves

Ensures that the relevant Minister will meet the hon. Friend and others to discuss further enhancements to the Green Book. Changed evaluation rules so projects outside London and the south-east can receive funding, focusing on balanced investment across all parts of the UK.

Partly answered

Not addressed: Meeting with the Chancellor specifically to discuss wellbeing economics

How: Will Ensure That The Relevant Minister Meets My Hon. Friend

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