50:
1523:
227:
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
882:
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
196:
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
891:
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
323:
955:
205:
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
181:
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.
213:
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.
383:
1063:
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."
463:
224:. The government then releases this data in a large consolidated document titled "Central Government Supply Estimates (Budget Year-Following Year): Main Supply Estimates"
343:
228:
to also submit an "Estimate
Memorandum" to the agency's relevant oversight committee in Parliament describing and justifying the changes. This condenses two functions –
363:
879:
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.
423:
1022:
998:
895:
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.
403:
523:
763:
1559:
483:
503:
959:
863:
1412:
905:
783:
823:
843:
1139:
443:
1444:
1434:
294:
166:
1663:
925:
543:
149:
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
31:
1552:
1485:
1429:
1407:
930:
309:
158:
984:
138:
127:
49:
803:
17:
743:
703:
683:
663:
643:
623:
603:
583:
563:
1545:
723:
1392:
1257:
1132:
409:
184:
Historically, the budget was usually released in March, less than one month before the beginning of the new fiscal year.
1454:
1424:
329:
80:
1495:
1449:
1419:
1387:
1372:
1342:
1252:
1177:
1068:
609:
489:
429:
369:
349:
264:
119:
75:
1658:
1527:
1377:
1347:
1182:
589:
469:
1475:
1125:
1620:
920:
1637:
935:
910:
169:. Although not an official budget statement, they were widely referred to by the media as a "mini-budget".
1029:
1005:
1085:
142:
123:
1439:
1402:
1397:
1382:
1367:
1362:
1357:
1352:
1337:
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1237:
1232:
1227:
1222:
1217:
1212:
1207:
1202:
1197:
1192:
1187:
1172:
1167:
849:
829:
809:
789:
769:
749:
729:
709:
689:
669:
649:
629:
569:
549:
529:
509:
449:
389:
279:
1595:
1580:
1073:
Walsh, Catherine. "Protesting Too Much: Alastair
Darling's constructions after the Financial Crash."
1108:
1615:
1605:
1099:
1093:
1585:
188:
was not expected to take action on a budget for the fiscal year until the summer, several months
1610:
107:
1600:
1148:
8:
1500:
1162:
1569:
1590:
1510:
131:
1630:
1505:
1060:(HarperCollins, 1997) 619pp; 17 chapters covering the terms of each Chancellor.
154:
1537:
1652:
1480:
207:
192:
the start of the fiscal year. For that reason, Parliament typically passed a
115:
145:. Since autumn 2017 the United Kingdom budget typically takes place in the
221:
178:
162:
150:
99:
1117:
1490:
1470:
1058:
The Chancellors: A History of the Chancellors of the Exchequer, 1945-90
999:"Central Government Supply Estimates 2012–13; Vote on Account, HC 1756"
915:
185:
1023:"Central Government Supply Estimates (2011–12): Main Supply Estimates"
870:
216:
Governmental departments submit their funding requests — called "
122:
policy. The budget statement is one of two statements made by the
137:
Budgets are usually set once every year and are announced in the
103:
146:
95:
111:
61:
887:Differences between the UK and the European Union:
871:
Differences between the UK and other main economies
906:Countries of the United Kingdom by GVA per capita
1650:
1082:The management of the British economy, 1945-2001
1567:
875:Differences between the UK and United States:
1553:
1133:
926:Departments of the United Kingdom Government
1051:The Treasury and Economic Policy: 1964-1985
102:for the following financial year, with the
1560:
1546:
1140:
1126:
1004:. February 2012. p. 3. Archived from
1486:Government spending in the United Kingdom
1147:
979:
977:
931:Government spending in the United Kingdom
230:reporting supplemental spending requests
30:For the most recent British Budget, see
27:Balance sheet of the British government
14:
1651:
1095:The Budget and the annual Finance Bill
974:
956:"[Archived Content] PESA 2007"
1541:
1121:
1110:Public spending: a brief introduction
1106:
1091:
958:. Hm-treasury.gov.uk. Archived from
153:on 6 March 2024. Sunak's successor,
1664:Annual events in the United Kingdom
24:
1092:Seely, Antony (18 November 2022).
1043:
239:
92:Budget of His Majesty's Government
25:
1675:
172:
1522:
1521:
1496:Office for Budget Responsibility
1107:Brien, Philip (7 October 2022).
48:
1028:. 26 April 2011. Archived from
134:being made the following year.
1015:
991:
948:
159:fiscal event in September 2022
13:
1:
987:. November 2016. Section 1.4.
941:
921:Economy of the United Kingdom
167:fiscal event in November 2022
936:Whole of Government Accounts
911:United Kingdom national debt
7:
1113:. House of Commons Library.
1086:Manchester University Press
899:
310:2022, September mini-budget
143:Chancellor of the Exchequer
124:Chancellor of the Exchequer
10:
1680:
1430:September 2022 mini-budget
1075:Critical Discourse Studies
32:2024 United Kingdom budget
29:
1576:
1519:
1463:
1155:
72:
56:
47:
1100:House of Commons Library
1065:Discourse & Society
985:"Autumn Statement 2016"
234:agency re-organizations
203:Supplementary Estimates
1659:United Kingdom budgets
1067:22.3 (2011): 243–268.
590:2010, June 'emergency'
108:HM Revenue and Customs
1445:2023 autumn statement
1435:2022 autumn statement
1149:United Kingdom budget
218:Main Supply Estimates
118:, in compliance with
43:United Kingdom budget
18:United Kingdom budget
1080:Woodward, Nicholas.
1035:on 10 February 2014.
1011:on 10 February 2014.
610:2010, March original
1501:Parliament Act 1911
1413:Winter Economy Plan
1077:13.1 (2016): 41–56.
201:and any revised or
44:
1570:government budgets
962:on 29 January 2013
256:Deficit/(Surplus)
165:delivered another
106:to be gathered by
39:
1646:
1645:
1535:
1534:
1049:Browning, Peter.
883:next fiscal year.
868:
867:
194:"Vote on Account"
161:. His successor
88:
87:
16:(Redirected from
1671:
1562:
1555:
1548:
1539:
1538:
1525:
1524:
1511:Spring Statement
1476:Budget Broadcast
1408:Summer statement
1142:
1135:
1128:
1119:
1118:
1114:
1103:
1053:(Longman, 1986).
1037:
1036:
1034:
1027:
1019:
1013:
1012:
1010:
1003:
995:
989:
988:
981:
972:
971:
969:
967:
952:
357:£1.053 trillion
337:£1.045 trillion
244:
243:
139:House of Commons
132:Spring Statement
128:House of Commons
68:
65:
63:
52:
45:
42:
38:
21:
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1506:Spending Review
1459:
1151:
1146:
1046:
1044:Further reading
1041:
1040:
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1016:
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996:
992:
983:
982:
975:
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944:
902:
873:
857:£332.5 billion
854:£330.1 billion
242:
240:List of budgets
175:
84:
78:
60:
40:
35:
28:
23:
22:
15:
12:
11:
5:
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1626:United Kingdom
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1056:Dell, Edmund.
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410:2017, November
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259:Budget Report
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238:
199:Main Estimates
174:
173:Budget process
171:
157:, delivered a
155:Kwasi Kwarteng
86:
85:
79:
73:
70:
69:
58:
54:
53:
26:
9:
6:
4:
3:
2:
1676:
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1660:
1657:
1656:
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1638:United States
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1509:
1507:
1504:
1502:
1499:
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1494:
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1489:
1487:
1484:
1482:
1481:Budget purdah
1479:
1477:
1474:
1472:
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1462:
1456:
1453:
1451:
1448:
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1418:
1414:
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1405:
1404:
1401:
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1396:
1394:
1393:November 2017
1391:
1389:
1386:
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1381:
1379:
1376:
1374:
1371:
1369:
1366:
1364:
1361:
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1331:
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1321:
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1314:
1311:
1309:
1306:
1304:
1301:
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1294:
1291:
1289:
1286:
1284:
1281:
1279:
1276:
1274:
1271:
1269:
1266:
1264:
1261:
1259:
1258:November 1993
1256:
1254:
1251:
1249:
1246:
1244:
1241:
1239:
1236:
1234:
1231:
1229:
1226:
1224:
1221:
1219:
1216:
1214:
1211:
1209:
1206:
1204:
1201:
1199:
1196:
1194:
1191:
1189:
1186:
1184:
1181:
1179:
1176:
1174:
1171:
1169:
1166:
1164:
1161:
1160:
1158:
1154:
1150:
1143:
1138:
1136:
1131:
1129:
1124:
1123:
1120:
1112:
1111:
1105:
1101:
1097:
1096:
1090:
1087:
1083:
1079:
1076:
1072:
1070:
1066:
1062:
1059:
1055:
1052:
1048:
1047:
1031:
1024:
1018:
1007:
1000:
994:
986:
980:
978:
961:
957:
951:
947:
937:
934:
932:
929:
927:
924:
922:
919:
917:
914:
912:
909:
907:
904:
903:
894:
890:
889:
888:
881:
878:
877:
876:
864:
862:
860:£2.4 billion
859:
856:
853:
851:
848:
847:
844:
842:
839:
837:£349 billion
836:
834:£349 billion
833:
831:
828:
827:
824:
822:
819:
817:£371 billion
816:
814:£371 billion
813:
811:
808:
807:
804:
802:
800:(£4 billion)
799:
797:£394 billion
796:
794:£398 billion
793:
791:
788:
787:
784:
782:
779:
777:£418 billion
776:
774:£407 billion
773:
771:
768:
767:
764:
762:
759:
757:£460 billion
756:
754:£423 billion
753:
751:
748:
747:
744:
742:
739:
737:£485 billion
736:
734:£451 billion
733:
731:
728:
727:
724:
722:
719:
717:£519 billion
716:
714:£487 billion
713:
711:
708:
707:
704:
702:
699:
697:£552 billion
696:
694:£516 billion
693:
691:
688:
687:
684:
682:
679:
677:£587 billion
676:
674:£553 billion
673:
671:
668:
667:
664:
662:
659:
657:£618 billion
656:
654:£575 billion
653:
651:
648:
647:
644:
642:
640:£175 billion
639:
637:£671 billion
636:
634:£496 billion
633:
631:
628:
627:
624:
622:
620:£163 billion
619:
617:£704 billion
616:
614:£541 billion
613:
611:
608:
607:
604:
602:
600:£149 billion
599:
597:£697 billion
596:
594:£548 billion
593:
591:
588:
587:
584:
582:
580:£121 billion
579:
577:£710 billion
576:
574:£589 billion
573:
571:
568:
567:
564:
562:
559:
557:£683 billion
556:
554:£592 billion
553:
551:
548:
547:
544:
542:
540:£108 billion
539:
537:£720 billion
536:
534:£612 billion
533:
531:
528:
527:
524:
522:
519:
517:£732 billion
516:
514:£648 billion
513:
511:
508:
507:
504:
502:
499:
497:£742 billion
496:
494:£667 billion
493:
491:
488:
487:
484:
482:
479:
477:£742 billion
476:
474:£673 billion
473:
471:
468:
467:
464:
462:
459:
457:£772 billion
456:
454:£716 billion
453:
451:
448:
447:
444:
442:
439:
437:£802 billion
436:
434:£744 billion
433:
431:
428:
427:
424:
422:
419:
417:£809 billion
416:
414:£769 billion
413:
411:
408:
407:
404:
402:
399:
397:£842 billion
396:
394:£810 billion
393:
391:
388:
387:
384:
382:
379:
377:£928 billion
376:
374:£873 billion
373:
371:
368:
367:
364:
362:
360:£234 billion
359:
356:
354:£819 billion
353:
351:
348:
347:
344:
342:
340:£116 billion
339:
336:
334:£929 billion
333:
331:
330:2021, October
328:
327:
324:
322:
319:
316:
313:
311:
308:
307:
304:
302:
300:
298:
296:
293:
292:
289:
287:
285:
283:
281:
278:
277:
274:
272:
270:
268:
266:
263:
262:
258:
255:
252:
249:
246:
245:
237:
235:
231:
225:
223:
219:
214:
211:
209:
208:no confidence
204:
200:
195:
191:
187:
182:
180:
170:
168:
164:
160:
156:
152:
148:
144:
140:
135:
133:
129:
125:
121:
117:
116:public sector
113:
109:
105:
101:
97:
94:is an annual
93:
82:
77:
71:
67:
59:
55:
51:
46:
37:
33:
19:
1625:
1526:
1455:October 2024
1425:October 2021
1109:
1094:
1081:
1074:
1064:
1057:
1050:
1030:the original
1017:
1006:the original
993:
964:. Retrieved
960:the original
950:
886:
874:
780:£11 billion
760:£37 billion
740:£34 billion
720:£32 billion
700:£36 billion
680:£34 billion
660:£43 billion
560:£91 billion
520:£84 billion
500:£75 billion
480:£62 billion
460:£56 billion
440:£58 billion
420:£40 billion
400:£32 billion
380:£55 billion
253:Expenditure
233:
229:
226:
217:
215:
212:
202:
198:
193:
189:
183:
176:
136:
112:expenditures
91:
89:
36:
1621:Switzerland
840:£0 billion
820:£0 billion
490:2015, March
430:2017, March
370:2020, March
350:2021, March
280:2023, March
265:2024, March
222:HM Treasury
179:fiscal year
163:Jeremy Hunt
151:Jeremy Hunt
130:, with the
100:HM Treasury
81:Autumn 2024
1653:Categories
1491:Money bill
1471:Budget Day
1450:March 2024
1420:March 2021
1388:March 2017
1373:March 2015
1343:March 2010
1253:March 1993
1178:April 1979
942:References
916:Budget Day
892:citizens).
470:2015, July
186:Parliament
120:government
76:March 2024
1581:Australia
1568:National
1378:July 2015
1348:June 2010
1183:June 1979
1098:. SN813.
1631:Scotland
1606:Malaysia
1528:Category
1088:, 2004).
900:See also
250:Revenue
110:and the
104:revenues
41: ()
1596:Germany
1156:By year
966:1 April
247:Budget
220:" – to
177:The UK
141:by the
126:in the
114:of the
98:set by
74:‹
57:Website
1616:Russia
1611:Norway
1591:France
1586:Canada
1069:online
147:Autumn
96:budget
1601:India
1464:Other
1033:(PDF)
1026:(PDF)
1009:(PDF)
1002:(PDF)
190:after
1440:2023
1403:2020
1398:2018
1383:2016
1368:2014
1363:2013
1358:2012
1353:2011
1338:2009
1333:2008
1328:2007
1323:2006
1318:2005
1313:2004
1308:2003
1303:2002
1298:2001
1293:2000
1288:1999
1283:1998
1278:1997
1273:1996
1268:1995
1263:1994
1248:1992
1243:1991
1238:1990
1233:1989
1228:1988
1223:1987
1218:1986
1213:1985
1208:1984
1203:1983
1198:1982
1193:1981
1188:1980
1173:1978
1168:1972
1163:1909
968:2010
850:1998
830:1999
810:2000
790:2001
770:2002
750:2003
730:2004
710:2005
690:2006
670:2007
650:2008
630:2009
570:2011
550:2012
530:2013
510:2014
450:2016
390:2018
320:TBC
317:TBC
314:TBC
232:and
90:The
64:.gov
66:.uk
62:www
1655::
976:^
236:.
210:.
1561:e
1554:t
1547:v
1141:e
1134:t
1127:v
1102:.
1084:(
970:.
83:›
34:.
20:)
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