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Policy Paper Published 22 Jan 2025 HM Treasury ↗ View on GOV.UK

Charter for Budget Responsibility: Autumn 2024

The Charter for Budget Responsibility sets out the government’s approach to fiscal policy and management of the public finances.

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The Charter for Budget Responsibility sets out the government’s fiscal and debt management policy and how this will operate. This includes the government’s fiscal objectives and its fiscal rules which will deliver these objectives (including the “fiscal mandate”). The Charter is required by the Budget Responsibility and National Audit Act 2011, as amended by the Budget Responsibility Act 2024.

The Charter, originally published in draft in October 2024, sets out a new fiscal framework, as announced at Autumn Budget 2024, with further detail provided in the policy document, A strong fiscal framework.