🌐 Entity
Budget of the United Kingdom
Balance sheet of the British government
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📖 Key Information
The Budget of His Majesty's Government is an annual budget set by HM Treasury for the following financial year, with the revenues to be gathered by HM Revenue and Customs and the expenditures of the public sector, in compliance with government policy. The budget statement is one of two statements made by the Chancellor of the Exchequer in the House of Commons, with the Spring Statement being made the following year.
Budgets are usually set once every year and are announced in the House of Commons by the Chancellor of the Exchequer.
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