39:
1512:
216:
The government reserves the right to submit "Supplementary
Estimates" in the spring and winter of a given fiscal year to update its agencies' spending totals for the current financial year and report any governmental re-organizations. When an agency submits a Supplementary Estimate, it is customary
871:
The person that the budget document begins with. In the UK, Budgets are usually set once every year and are announced in the House of
Commons by the Chancellor of the Exchequer. But, in the United States, it often begins with the President's proposal to Congress recommending funding levels for the
185:
in early spring that provided continuity of funding into the new fiscal year, up until the point that the new budget was enacted. The spending authorized in the Vote on
Account was normally 45% of the amounts already authorized in the current fiscal year, taking into account the
880:
The entity that proposes the budget. In the EU, the budget is proposed annually by the
European Commission, and reviewed and negotiated by the Council of the European Union (which represents Member States' governments) and the European Parliament (which represents EU
312:
944:
194:
already approved by
Parliament. Legislative action on the proposed budget generally aligned with the executive's original budget request; failure to carry the budget would regarded as tantamount to a vote of
170:
ends on 5 April each year. The financial year ends on 31 March of each year. Thus, the UK budget for financial year 2021 runs from 1 April 2021 to 31 March 2022 and is often referred to as 2021–22.
202:
Since
November 2017 the budget was moved to the Autumn, with a view to passing the Finance Act before the commencement of the Financial Year. Votes on Account should no longer be necessary.
372:
1052:
Fairclough, Isabela, and Norman
Fairclough. "Practical reasoning in political discourse: The UK government’s response to the economic crisis in the 2008 Pre-Budget Report."
452:
213:. The government then releases this data in a large consolidated document titled "Central Government Supply Estimates (Budget Year-Following Year): Main Supply Estimates"
332:
217:
to also submit an "Estimate
Memorandum" to the agency's relevant oversight committee in Parliament describing and justifying the changes. This condenses two functions –
352:
868:
The period of fiscal year. The UK fiscal year ends on 5 April each year, while in the United States it begins on 1 October and ends on 30 September the following year.
412:
1011:
987:
884:
In the EU, the annual budget must remain within ceilings determined in advance by the
Multiannual Financial Framework, laid down for a (five to) seven-year period.
392:
512:
752:
1548:
472:
492:
948:
852:
1401:
894:
772:
812:
832:
1128:
432:
1433:
1423:
283:
155:
1652:
914:
532:
138:
in order to allow major tax changes to occur annually, well before the start of the fiscal year. The most recent budget was presented by
20:
1541:
1474:
1418:
1396:
919:
298:
147:
973:
127:
116:
38:
792:
732:
692:
672:
652:
632:
612:
592:
572:
552:
1534:
712:
1381:
1246:
1121:
398:
173:
Historically, the budget was usually released in March, less than one month before the beginning of the new fiscal year.
1443:
1413:
318:
69:
1484:
1438:
1408:
1376:
1361:
1331:
1241:
1166:
1057:
598:
478:
418:
358:
338:
253:
108:
64:
1647:
1516:
1366:
1336:
1171:
578:
458:
1464:
1114:
1609:
909:
1626:
924:
899:
158:. Although not an official budget statement, they were widely referred to by the media as a "mini-budget".
1018:
994:
1074:
131:
112:
1428:
1391:
1386:
1371:
1356:
1351:
1346:
1341:
1326:
1321:
1316:
1311:
1306:
1301:
1296:
1291:
1286:
1281:
1276:
1271:
1266:
1261:
1256:
1251:
1236:
1231:
1226:
1221:
1216:
1211:
1206:
1201:
1196:
1191:
1186:
1181:
1176:
1161:
1156:
838:
818:
798:
778:
758:
738:
718:
698:
678:
658:
638:
618:
558:
538:
518:
498:
438:
378:
268:
1584:
1569:
1062:
Walsh, Catherine. "Protesting Too Much: Alastair
Darling's constructions after the Financial Crash."
1097:
1604:
1594:
1088:
1082:
1574:
177:
was not expected to take action on a budget for the fiscal year until the summer, several months
1599:
96:
1589:
1137:
8:
1489:
1151:
1558:
1579:
1499:
120:
1619:
1494:
1049:(HarperCollins, 1997) 619pp; 17 chapters covering the terms of each Chancellor.
143:
1526:
1641:
1469:
196:
181:
the start of the fiscal year. For that reason, Parliament typically passed a
104:
134:. Since autumn 2017 the United Kingdom budget typically takes place in the
210:
167:
151:
139:
88:
1106:
1479:
1459:
1047:
The Chancellors: A History of the Chancellors of the Exchequer, 1945-90
988:"Central Government Supply Estimates 2012–13; Vote on Account, HC 1756"
904:
174:
1012:"Central Government Supply Estimates (2011–12): Main Supply Estimates"
859:
205:
Governmental departments submit their funding requests — called "
111:
policy. The budget statement is one of two statements made by the
126:
Budgets are usually set once every year and are announced in the
92:
135:
84:
100:
50:
876:Differences between the UK and the European Union:
860:
Differences between the UK and other main economies
895:Countries of the United Kingdom by GVA per capita
1639:
1071:The management of the British economy, 1945-2001
1556:
864:Differences between the UK and United States:
1542:
1122:
915:Departments of the United Kingdom Government
1040:The Treasury and Economic Policy: 1964-1985
91:for the following financial year, with the
1549:
1535:
1129:
1115:
993:. February 2012. p. 3. Archived from
1475:Government spending in the United Kingdom
1136:
968:
966:
920:Government spending in the United Kingdom
219:reporting supplemental spending requests
19:For the most recent British Budget, see
16:Balance sheet of the British government
1640:
1084:The Budget and the annual Finance Bill
963:
945:"[Archived Content] PESA 2007"
1530:
1110:
1099:Public spending: a brief introduction
1095:
1080:
947:. Hm-treasury.gov.uk. Archived from
142:on 6 March 2024. Sunak's successor,
1653:Annual events in the United Kingdom
13:
1081:Seely, Antony (18 November 2022).
1032:
228:
81:Budget of His Majesty's Government
14:
1664:
161:
1511:
1510:
1485:Office for Budget Responsibility
1096:Brien, Philip (7 October 2022).
37:
1017:. 26 April 2011. Archived from
123:being made the following year.
1004:
980:
937:
148:fiscal event in September 2022
1:
976:. November 2016. Section 1.4.
930:
910:Economy of the United Kingdom
156:fiscal event in November 2022
925:Whole of Government Accounts
900:United Kingdom national debt
7:
1102:. House of Commons Library.
1075:Manchester University Press
888:
299:2022, September mini-budget
132:Chancellor of the Exchequer
113:Chancellor of the Exchequer
10:
1669:
1419:September 2022 mini-budget
1064:Critical Discourse Studies
21:2024 United Kingdom budget
18:
1565:
1508:
1452:
1144:
61:
45:
36:
1089:House of Commons Library
1054:Discourse & Society
974:"Autumn Statement 2016"
223:agency re-organizations
192:Supplementary Estimates
1648:United Kingdom budgets
1056:22.3 (2011): 243–268.
579:2010, June 'emergency'
97:HM Revenue and Customs
1434:2023 autumn statement
1424:2022 autumn statement
1138:United Kingdom budget
207:Main Supply Estimates
107:, in compliance with
32:United Kingdom budget
1069:Woodward, Nicholas.
1024:on 10 February 2014.
1000:on 10 February 2014.
599:2010, March original
1490:Parliament Act 1911
1402:Winter Economy Plan
1066:13.1 (2016): 41–56.
190:and any revised or
33:
1559:government budgets
951:on 29 January 2013
245:Deficit/(Surplus)
154:delivered another
95:to be gathered by
28:
1635:
1634:
1524:
1523:
1038:Browning, Peter.
872:next fiscal year.
857:
856:
183:"Vote on Account"
150:. His successor
77:
76:
1660:
1551:
1544:
1537:
1528:
1527:
1514:
1513:
1500:Spring Statement
1465:Budget Broadcast
1397:Summer statement
1131:
1124:
1117:
1108:
1107:
1103:
1092:
1042:(Longman, 1986).
1026:
1025:
1023:
1016:
1008:
1002:
1001:
999:
992:
984:
978:
977:
970:
961:
960:
958:
956:
941:
346:£1.053 trillion
326:£1.045 trillion
233:
232:
128:House of Commons
121:Spring Statement
117:House of Commons
57:
54:
52:
41:
34:
31:
27:
1668:
1667:
1663:
1662:
1661:
1659:
1658:
1657:
1638:
1637:
1636:
1631:
1561:
1555:
1525:
1520:
1504:
1495:Spending Review
1448:
1140:
1135:
1035:
1033:Further reading
1030:
1029:
1021:
1014:
1010:
1009:
1005:
997:
990:
986:
985:
981:
972:
971:
964:
954:
952:
943:
942:
938:
933:
891:
862:
846:£332.5 billion
843:£330.1 billion
231:
229:List of budgets
164:
73:
67:
49:
29:
24:
17:
12:
11:
5:
1666:
1656:
1655:
1650:
1633:
1632:
1630:
1629:
1624:
1623:
1622:
1615:United Kingdom
1612:
1607:
1602:
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1592:
1587:
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1067:
1060:
1050:
1045:Dell, Edmund.
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1027:
1003:
979:
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399:2017, November
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284:2022, November
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249:
248:Budget Report
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237:
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227:
188:Main Estimates
163:
162:Budget process
160:
146:, delivered a
144:Kwasi Kwarteng
75:
74:
68:
62:
59:
58:
47:
43:
42:
15:
9:
6:
4:
3:
2:
1665:
1654:
1651:
1649:
1646:
1645:
1643:
1628:
1627:United States
1625:
1621:
1618:
1617:
1616:
1613:
1611:
1608:
1606:
1603:
1601:
1598:
1596:
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1571:
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1519:
1518:
1507:
1501:
1498:
1496:
1493:
1491:
1488:
1486:
1483:
1481:
1478:
1476:
1473:
1471:
1470:Budget purdah
1468:
1466:
1463:
1461:
1458:
1457:
1455:
1451:
1445:
1442:
1440:
1437:
1435:
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1430:
1427:
1425:
1422:
1420:
1417:
1415:
1412:
1410:
1407:
1403:
1400:
1398:
1395:
1394:
1393:
1390:
1388:
1385:
1383:
1382:November 2017
1380:
1378:
1375:
1373:
1370:
1368:
1365:
1363:
1360:
1358:
1355:
1353:
1350:
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1340:
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1335:
1333:
1330:
1328:
1325:
1323:
1320:
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1315:
1313:
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1308:
1305:
1303:
1300:
1298:
1295:
1293:
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1285:
1283:
1280:
1278:
1275:
1273:
1270:
1268:
1265:
1263:
1260:
1258:
1255:
1253:
1250:
1248:
1247:November 1993
1245:
1243:
1240:
1238:
1235:
1233:
1230:
1228:
1225:
1223:
1220:
1218:
1215:
1213:
1210:
1208:
1205:
1203:
1200:
1198:
1195:
1193:
1190:
1188:
1185:
1183:
1180:
1178:
1175:
1173:
1170:
1168:
1165:
1163:
1160:
1158:
1155:
1153:
1150:
1149:
1147:
1143:
1139:
1132:
1127:
1125:
1120:
1118:
1113:
1112:
1109:
1101:
1100:
1094:
1090:
1086:
1085:
1079:
1076:
1072:
1068:
1065:
1061:
1059:
1055:
1051:
1048:
1044:
1041:
1037:
1036:
1020:
1013:
1007:
996:
989:
983:
975:
969:
967:
950:
946:
940:
936:
926:
923:
921:
918:
916:
913:
911:
908:
906:
903:
901:
898:
896:
893:
892:
883:
879:
878:
877:
870:
867:
866:
865:
853:
851:
849:£2.4 billion
848:
845:
842:
840:
837:
836:
833:
831:
828:
826:£349 billion
825:
823:£349 billion
822:
820:
817:
816:
813:
811:
808:
806:£371 billion
805:
803:£371 billion
802:
800:
797:
796:
793:
791:
789:(£4 billion)
788:
786:£394 billion
785:
783:£398 billion
782:
780:
777:
776:
773:
771:
768:
766:£418 billion
765:
763:£407 billion
762:
760:
757:
756:
753:
751:
748:
746:£460 billion
745:
743:£423 billion
742:
740:
737:
736:
733:
731:
728:
726:£485 billion
725:
723:£451 billion
722:
720:
717:
716:
713:
711:
708:
706:£519 billion
705:
703:£487 billion
702:
700:
697:
696:
693:
691:
688:
686:£552 billion
685:
683:£516 billion
682:
680:
677:
676:
673:
671:
668:
666:£587 billion
665:
663:£553 billion
662:
660:
657:
656:
653:
651:
648:
646:£618 billion
645:
643:£575 billion
642:
640:
637:
636:
633:
631:
629:£175 billion
628:
626:£671 billion
625:
623:£496 billion
622:
620:
617:
616:
613:
611:
609:£163 billion
608:
606:£704 billion
605:
603:£541 billion
602:
600:
597:
596:
593:
591:
589:£149 billion
588:
586:£697 billion
585:
583:£548 billion
582:
580:
577:
576:
573:
571:
569:£121 billion
568:
566:£710 billion
565:
563:£589 billion
562:
560:
557:
556:
553:
551:
548:
546:£683 billion
545:
543:£592 billion
542:
540:
537:
536:
533:
531:
529:£108 billion
528:
526:£720 billion
525:
523:£612 billion
522:
520:
517:
516:
513:
511:
508:
506:£732 billion
505:
503:£648 billion
502:
500:
497:
496:
493:
491:
488:
486:£742 billion
485:
483:£667 billion
482:
480:
477:
476:
473:
471:
468:
466:£742 billion
465:
463:£673 billion
462:
460:
457:
456:
453:
451:
448:
446:£772 billion
445:
443:£716 billion
442:
440:
437:
436:
433:
431:
428:
426:£802 billion
425:
423:£744 billion
422:
420:
417:
416:
413:
411:
408:
406:£809 billion
405:
403:£769 billion
402:
400:
397:
396:
393:
391:
388:
386:£842 billion
385:
383:£810 billion
382:
380:
377:
376:
373:
371:
368:
366:£928 billion
365:
363:£873 billion
362:
360:
357:
356:
353:
351:
349:£234 billion
348:
345:
343:£819 billion
342:
340:
337:
336:
333:
331:
329:£116 billion
328:
325:
323:£929 billion
322:
320:
319:2021, October
317:
316:
313:
311:
308:
305:
302:
300:
297:
296:
293:
291:
289:
287:
285:
282:
281:
278:
276:
274:
272:
270:
267:
266:
263:
261:
259:
257:
255:
252:
251:
247:
244:
241:
238:
235:
234:
226:
224:
220:
214:
212:
208:
203:
200:
198:
197:no confidence
193:
189:
184:
180:
176:
171:
169:
159:
157:
153:
149:
145:
141:
137:
133:
129:
124:
122:
118:
114:
110:
106:
105:public sector
102:
98:
94:
90:
86:
83:is an annual
82:
71:
66:
60:
56:
48:
44:
40:
35:
26:
22:
1614:
1515:
1444:October 2024
1414:October 2021
1098:
1083:
1070:
1063:
1053:
1046:
1039:
1019:the original
1006:
995:the original
982:
953:. Retrieved
949:the original
939:
875:
863:
769:£11 billion
749:£37 billion
729:£34 billion
709:£32 billion
689:£36 billion
669:£34 billion
649:£43 billion
549:£91 billion
509:£84 billion
489:£75 billion
469:£62 billion
449:£56 billion
429:£58 billion
409:£40 billion
389:£32 billion
369:£55 billion
242:Expenditure
222:
218:
215:
206:
204:
201:
191:
187:
182:
178:
172:
165:
125:
101:expenditures
80:
78:
25:
1610:Switzerland
829:£0 billion
809:£0 billion
479:2015, March
419:2017, March
359:2020, March
339:2021, March
269:2023, March
254:2024, March
211:HM Treasury
168:fiscal year
152:Jeremy Hunt
140:Jeremy Hunt
119:, with the
89:HM Treasury
70:Autumn 2024
1642:Categories
1480:Money bill
1460:Budget Day
1439:March 2024
1409:March 2021
1377:March 2017
1362:March 2015
1332:March 2010
1242:March 1993
1167:April 1979
931:References
905:Budget Day
881:citizens).
459:2015, July
175:Parliament
109:government
65:March 2024
1570:Australia
1557:National
1367:July 2015
1337:June 2010
1172:June 1979
1087:. SN813.
1620:Scotland
1595:Malaysia
1517:Category
1077:, 2004).
889:See also
239:Revenue
99:and the
93:revenues
30: ()
1585:Germany
1145:By year
955:1 April
236:Budget
209:" – to
166:The UK
130:by the
115:in the
103:of the
87:set by
63:‹
46:Website
1605:Russia
1600:Norway
1580:France
1575:Canada
1058:online
136:Autumn
85:budget
1590:India
1453:Other
1022:(PDF)
1015:(PDF)
998:(PDF)
991:(PDF)
179:after
1429:2023
1392:2020
1387:2018
1372:2016
1357:2014
1352:2013
1347:2012
1342:2011
1327:2009
1322:2008
1317:2007
1312:2006
1307:2005
1302:2004
1297:2003
1292:2002
1287:2001
1282:2000
1277:1999
1272:1998
1267:1997
1262:1996
1257:1995
1252:1994
1237:1992
1232:1991
1227:1990
1222:1989
1217:1988
1212:1987
1207:1986
1202:1985
1197:1984
1192:1983
1187:1982
1182:1981
1177:1980
1162:1978
1157:1972
1152:1909
957:2010
839:1998
819:1999
799:2000
779:2001
759:2002
739:2003
719:2004
699:2005
679:2006
659:2007
639:2008
619:2009
559:2011
539:2012
519:2013
499:2014
439:2016
379:2018
309:TBC
306:TBC
303:TBC
221:and
79:The
53:.gov
55:.uk
51:www
1644::
965:^
225:.
199:.
1550:e
1543:t
1536:v
1130:e
1123:t
1116:v
1091:.
1073:(
959:.
72:›
23:.
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