The Planning and Control of Revenue Expenditure

Abstract

In the corridors of Westminster, the government’s annual budget attracts a lot of press and media attention, culminating in the annual event when members of Parliament crowd into the Chamber of the House of Commons to hear the Chancellor’s statement. This is usually televised, with comments from observers on the general economic climate and the measures proposed by the Chancellor to reshape or reframe the economy during the next 12 months. The process which the government of the day goes through is one of review of existing activities, and of negotiation, in following through the proposals of spending departments and agreeing in total a funding package to allow departments to carry out their objectives.