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Author: Great Britain. Treasury Publisher: Stationery Office Books (TSO) ISBN: 9780115601262 Category : Finance, Public Languages : en Pages : 69
Book Description
Dated October 2007. The publication is effective from October 2007, when it replaces "Government accounting". Annexes to this document may be viewed at www.hm-treasury.gov.uk
Author: Great Britain. Treasury Publisher: Stationery Office Books (TSO) ISBN: 9780115601262 Category : Finance, Public Languages : en Pages : 69
Book Description
Dated October 2007. The publication is effective from October 2007, when it replaces "Government accounting". Annexes to this document may be viewed at www.hm-treasury.gov.uk
Author: Clive Lee Publisher: Springer ISBN: 0230367313 Category : Business & Economics Languages : en Pages : 295
Book Description
Public expenditure has increased considerably in the UK from around ten per cent of GDP in the 1870s to forty per cent and above in the 21st century. Clive Lee explores the fluctuations in state spending, highlighting the ongoing political conflict over the size and extent of welfare provision.
Author: Great Britain. Treasury Publisher: Stationery Office ISBN: 9780115601071 Category : Business & Economics Languages : en Pages : 114
Book Description
This new edition incorporates revised guidance from H.M Treasury which is designed to promote efficient policy development and resource allocation across government through the use of a thorough, long-term and analytically robust approach to the appraisal and evaluation of public service projects before significant funds are committed. It is the first edition to have been aided by a consultation process in order to ensure the guidance is clearer and more closely tailored to suit the needs of users.
Author: Great Britain: H.M. Treasury Publisher: Stationery Office ISBN: 9780101866323 Category : Business & Economics Languages : en Pages : 220
Book Description
PESA provides a range of information about public spending, using two Treasury-defined frameworks, so that PESA largely contains different presentations of two date sets. Chapters cover: departmental budgets; economic analyses of budgets; changes in departmental budgets; trends in public sector expenditure; public sector expenditure by function, sub-function and economic category; central government own expenditure; local government financing and expenditure; public corporations; public expenditure by country, region and function; public expenditure by country and sub-function. Various annexes supplement the analysis, including: sources, data quality and conventions; population numbers and GDP inflators.
Author: Great Britain. Treasury Publisher: The Stationery Office ISBN: 9780101794220 Category : Business & Economics Languages : en Pages : 116
Book Description
In 2009-10, public expenditure rose to 48 per cent of GDP whilst income fell to 37 per cent, resulting in the largest deficit in Britain's peacetime history. This Spending Review sets out how the Coalition Government will carry out its deficit reduction plan. Particular focus has been given to reducing welfare costs and wasteful spending. This has enabled the Coalition Government to prioritise the NHS, schools, early years' provision and the capital investments designed to support long term economic growth. Departmental budgets other than health and overseas aid will be cut by an average of 19 per cent over four years. Key areas of Annually Managed Expenditure (AME) in addition to Departmental Expenditure Limits (DELs) for each government department and for the devolved administrations are covered. The Review sets out departmental spending plans for the four years until 2014-15 and further savings and reforms to welfare, environmental levies and public service pensions. The Review protects high value transport maintenance and investment, maintains the science budget, invests in apprenticeships and the low carbon economy and allows universities to increase fees from the 2012-13 academic year. Fundamental reforms will simplify the welfare system and make net savings of �7 billion a year. Social housing will be reformed and social care will receive an additional �2 billion by 2014-15. Public service reform underpins the Review: decentralisation of power; cutting burdens and regulations on front-line staff; improving transparency, efficiency and accountability of local services. Local government will have greater freedom but must work within reduced allocations. Public sector pensions will be reformed in line with Lord Hutton's recommendations. Central government administration costs will be cut by 34 per cent by 2014-15. Government departments will produce business plans later in 2010 detailing reform plans and priorities.
Author: Great Britain. Treasury Publisher: The Stationery Office ISBN: 9780101810425 Category : Political Science Languages : en Pages : 220
Book Description
PESA provides a range of information about public spending using two Treasury-defined frameworks: budgeting and expenditure on services. The budgeting framework provides information on central government departmental budgets, which are the aggregates used by the Government to plan and control expenditure. It covers departmental own spending as well as support to local government and public corporations. The expenditure on services framework is used for statistical analysis. It is based on national accounts definitions and covers spending by the whole of the public sector.
Author: Philip Booth Publisher: London Publishing Partnership ISBN: 025536735X Category : Political Science Languages : en Pages : 256
Book Description
Amidst the debates about ‘austerity’ a number of vital debates in public finance have been sidelined. Because the reductions in government spending – small though they have been so far- have been designed to reduce the government’s borrowing requirement, there has been little discussion of whether the size of the state should be reduced in order to facilitate long-run reductions in the burden of taxation. This book traces the history of the growth of the size of the state over the last 100 years whilst also making international comparisons. There is a particular focus on recent and projected future developments which shows that, though the total level of government spending has not decreased significantly in recent years, there has been a big redirection of spending from some areas to others. The authors then examine the evidence on the relationship between taxation and economic growth. As well as reviewing recent literature, they also undertake new modelling that higher taxes are detrimental for growth. In the final part of the book, the whole UK tax system is reconsidered in a proper economic framework. The UK has one of the world’s most complex tax systems and its incoherence has increased over the last five years. Sweeping reforms are proposed to the system which wold involve abolishing around 20 taxes and the development of a simple, predictable tax system based on principles that should gain wide acceptance.
Author: Great Britain: H.M. Treasury Publisher: Stationery Office ISBN: 9780101863926 Category : Business & Economics Languages : en Pages : 76
Book Description
The Government's economic plan has three parts: keeping mortgage rates low for families and fixing the banks to support investment in business; dealing with the country's debts to maintain confidence in the UK's ability to pay its way; and long-term economic reform to back aspiration and equip Britain to win the global race. The Government will continue to reduce the deficit by taking difficult decisions to cut public spending and prioritise investment in infrastructure to deliver a stronger economy and fairer society. Because spending reductions since 2010 have been accompanied by reforms to how services are delivered, crime is at its lowest level in 30 years, school standards have risen and employment is at record levels. The Government will reduce current spending by £11.5 billion in 2015-16, allowing it to increase capital spending plans by £3 billion a year from 2015-16 and by £18 billion over the next Parliament. Without the £3.6 billion savings from the welfare budget in 2015-16 that were announced at Autumn Statement 2012, reductions in departmental spending would have been commensurately higher. The Government will protect spending on health, schools and overseas development - maintaining the vital public services that everyone relies on at home, and supporting the poorest overseas
Author: Andrew Hodge Publisher: International Monetary Fund ISBN: Category : Languages : en Pages : 26
Book Description
This paper characterizes UK public spending pressures over a ten-year horizon and their implications for public deficits and debt levels. The analysis is based on a ‘bottom-up’ scenario for total public expenditure, that includes, inter alia, implementation of the NHS Long-Term Workforce Plan, public investment to support the Balanced Pathway to Net Zero, and state pension spending under the Triple Lock policy. This scenario is approximately consistent with IMF staff’s baseline projection for the medium term (to FY2029/30) shown in the 2024 Article IV consultation staff report, which assumes real growth in Departmental Expenditure Limits (DEL) of two percent per year after FY2024/25. Assuming revenue stabilizes in FY2028/29 at the level projected by IMF staff (40.8 percent of GDP), public debt does not stabilize over ten years, reaching 101.3 percent of GDP by FY2034/35. Stabilizing debt will require the primary balance to be 0.8–1.4 ppts of GDP higher per year (on average after FY2024/25), depending on the time horizon for stabilization (5 or 10 years) and the target probability of debt stabilization (50 or 75 percent).
Author: Great Britain. Treasury
Author: Great Britain. Treasury
Author: Clive Lee
Author: Paul Cockle
Author: Great Britain. Treasury
Author: Great Britain: H.M. Treasury
Author: Great Britain. Treasury
Author: Great Britain. Treasury
Author: Philip Booth
Author: Great Britain: H.M. Treasury
Author: Andrew Hodge