Public spending – House of Commons Library

The UK’s contribution to the EU budget

Published Tuesday, August 11, 2020August 15, 2020 Matthew Keep

This note considers how much the UK contributes to the EU budget and how much it receives back. Potential payments to the EU on or after Brexit – such as the exit bill – are also discussed. …

Commons Research Briefing Diseases Economic policy Economic situation Public spending

Coronavirus: Economic impact

Published Friday, July 31, 2020August 15, 2020 Daniel Harari, Matthew Keep, Philip Brien

The coronavirus outbreak has impacted the UK economy in a number of different ways. The magnitude of the recession caused by the virus is unprecedented in modern times. While a recovery is underway, there is uncertainty over how fast economic activity will regain lost ground. This briefing examines the economic impact of the crisis to date and outlines the key issues for the outlook. It summarises policy measures introduced to mitigate the economic effects of Covid-19 and details the impact on the public finances.…

Commons Research Briefing Economic situation Public spending

Public Finances: Key Economic Indicators

Published Tuesday, July 21, 2020August 15, 2020 Matthew Keep

Latest data on government net borrowing and net debt.…

Commons Research Briefing Business Economic policy Economic situation Education Public spending Tax Work & Incomes

The Chancellor’s summer economic update: Background briefing

Published Tuesday, July 07, 2020August 15, 2020 Andy Powell, Brigid Francis-Devine, Daniel Harari, Georgina Hutton, Matthew Keep, Philip Brien

The Chancellor will make a statement to the House on Wednesday 8 July. He will outline plans to support the economy. The Chancellor’s statement is being labelled as a ‘summer economic update’.…

Commons Debate Pack Business Economic policy Government Industry Public spending Sciences

Estimates day debate: Department for Business, Energy and Industrial Strategy

Published Friday, July 03, 2020August 15, 2020 Elena Ares, Georgina Hutton, Larry Honeysett, Nikki Sutherland, Steven Browning, Susie Wright

There will be an Estimates Day debate in the House of Commons on Tuesday 7 July 2020.…

Commons Debate Pack Government Institutions International development Public spending

The merger between DFID and the FCO and the implications for expenditure of Official Development Assistance (ODA) across government

Published Thursday, July 02, 2020August 15, 2020 Alex Knight, Anna Dickson, Jon Lunn, Nigel Walker, Philip Brien

On Thursday 9 July there will be an Estimates Day debate in the House of Commons Chamber on “The merger between DFID and the FCO and the implications for expenditure of Official Development Assistance (ODA) across government.” The debate will be led by Sarah Champion and Tom Tugendhat, the respective chairs of the International Development Committee and the Foreign Affairs Committee.…

Commons Research Briefing Economic policy Economic situation Public spending

Government borrowing, debt and debt interest: statistics

Published Friday, June 19, 2020August 15, 2020 Matthew Keep

This is a purely statistical note on public sector borrowing (the budget deficit), public sector debt and government debt interest payments.…

Commons Research Briefing Benefits Economic policy Public spending

The welfare cap

Published Tuesday, June 16, 2020August 15, 2020 Matthew Keep

This policy limits the total amount that Government can spend on certain benefits, including tax credits and housing benefit. Not to be confused with the household benefits cap which limits the amount individual households can receive.…

Commons Research Briefing Government Parliament Public spending

Main Estimates: Government spending plans for 2020-21

Published Thursday, May 28, 2020August 15, 2020 Larry Honeysett, Philip Brien

A summary of the process and details of the 2020-21 Main Estimates, the way in which Parliament approves the Government’s spending plans.…

Commons Research Briefing Economic policy Economic situation Public spending

The budget deficit: a short guide

Published Thursday, May 28, 2020August 15, 2020 Matthew Keep

This note aims to answer some FAQs related to the budget deficit.…

Commons Research Briefing Business Devolution Local Government Planning Public spending

The UK Shared Prosperity Fund

Published Friday, May 22, 2020August 15, 2020 Ilze Jozepa, Philip Brien

Background and issues for consideration concerning the Government’s proposed Shared Prosperity Fund, which will replace EU structural funding now that the UK has left the EU.…

Commons Research Briefing Africa Asia Pacific Climate Change Economy Government Institutions International development International organisations International trade Parliament Public spending The EU

UK aid: frequently asked questions

Published Monday, May 04, 2020August 15, 2020 Ilze Jozepa, Jon Lunn, Philip Brien

What is aid? What is the UN 0.7% aid target and why has the UK adopted it? Which government departments spend UK aid? What impact does UK aid have? What will be the impact of Brexit on UK aid? These and other questions are answered in an accessible way in this briefing paper.…

Diseases Insight Public spending

Coronavirus: Government debt, an explainer

Published Tuesday, April 07, 2020July 22, 2020 Matt Keep Matthew Keep

Government debt will increase as it responds to coronavirus. In this insight we look at the basics of what government debt is, how it is funded and who it is owed to.…

Commons Research Briefing Americas Asia Pacific Benefits Business Diseases Economic policy Economic situation Economy Europe Industry Public spending Tax The EU Work & Incomes

Coronavirus: Support for economies by European and other states

Published Tuesday, March 31, 2020August 15, 2020 Ben Smith, Daniel Harari, Ilze Jozepa, John Curtis, Stefano Fella

What economic support have governments given to businesses and individuals to tackle the impact of the coronavirus? This paper looks at the policies put in place by the EU, governments in Europe, the US and other developed countries.…

Commons Debate Pack Benefits Business Diseases Economic policy Economic situation Families & Social Services Public spending

[Coronavirus] Opposition Day Debates: Social Cohesion & Community and Financial and Social Emergency Support Package

Published Wednesday, March 25, 2020August 15, 2020 David Foster, Philip Brien, Philip Loft, Steven Kennedy, Wendy Wilson

On 25 March 2020, there will be two topics for the 7th allotted Opposition Day Debate in the House of Commons. The first debate is on the subject of “Social cohesion and community” and the second on “Financial and social emergency support package”, both in the context of the Covid-19 outbreak. The House of Commons Library has shared relevant material below. …

Commons Research Briefing Diseases Public spending

Contingencies Fund Bill

Published Tuesday, March 24, 2020August 15, 2020 Philip Brien

This note provides a short overview of the Contingencies Fund and the public spending measures being proposed to deal with the economic impact of the coronavirus outbreak.…

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