– in the House of Commons am 5:00 pm ar 14 Mawrth 2024.
Resolved,
That, for the year ending with
(1) resources, not exceeding £373,672,234,000 be authorised, on account, for use for current purposes as set out in HC 446, HC 501, HC 549, HC 574, HC 576, HC 586 and HC 615,
(2) resources, not exceeding £98,840,640,000, be authorised, on account, for use for capital purposes as so set out, and
(3) a sum, not exceeding £386,454,679,000, be granted to His Majesty to be issued by the Treasury out of the Consolidated Fund, on account, and applied for expenditure on the use of resources authorised by Parliament.—(Mike Wood.)
Ordered, That a Bill be brought in upon the foregoing Resolutions;
That the Chairman of Ways and Means, the Chancellor of the Exchequer, Laura Trott, Nigel Huddleston, Bim Afolami and Gareth Davies bring in the Bill.
The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
