The Bishop of Southwark received the following written answer on 24th April 2024:
The Lord Bishop of Southwark asked His Majesty’s Government what progress they have made in allocating the Market Sustainability and Improvement Fund 2023 to 2024 for adult social care; and what are their plans for allocation in the financial year 2024–25.
Lord Markham (Con, DHSC): The Market Sustainability and Improvement Fund (MSIF) gives an overall profile of almost £2 billion over two years. Local authorities can choose to use the funding to increase fee rates paid to adult social care providers, increase adult social care workforce capacity and retention, and reduce adult social care waiting times.
In 2023/34, a total of £927 million was made available to local authorities via MSIF, with a further £1.05 billion being made available in 2024/25. The funding has been distributed using the adult social care relative needs formula. Full local authority allocations for 2024/25 are available in the Market Sustainability and Improvement Fund Grant Determination 2024 to 2025 on GOV.UK in an online-only format.
The Church of England in Parliament 
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