Closed 9 of 64 events
Lifecycle stage Implementation
575 days in stage

Charter for Budget Responsibility

The Charter for Budget Responsibility establishes fiscal rules and accountability mechanisms that govern UK government spending and borrowing decisions. Led by HM Treasury, it sets out the framework for medium-term fiscal policy and is currently active, with recent work on reforming the spending control framework and introducing new fiscal rules through the Budget Responsibility Bill.


Showing 9 of 64 signals
Family 1
Signal
Year
Body
Role
Clear all
18 Jul 2024 | Policy paper HM Treasury linked

Draft Charter for Budget Responsibility text on the fiscal lock

The Budget Responsibility Bill will introduce the ‘fiscal lock’ to ensure fiscally significant announcements made by the government will be subject to an independent assessment by the Office for Budget Responsibility.