The welfare cap
Since 2014 the UK government has had a cap on welfare spending. Here we explain how the cap is set and assessed. We also look at how the cap has changed.

The Barnett formula. House of Commons Research Paper 98/8.
The Barnett formula (118 KB , PDF)
The Barnett formula. House of Commons Research Paper 98/8.
The Barnett formula (118 KB , PDF)
Since 2014 the UK government has had a cap on welfare spending. Here we explain how the cap is set and assessed. We also look at how the cap has changed.
Since the 1990s, UK governments have had debt and borrowing targets. Here we look at the UK's fiscal targets and wider policy for managing the public finances.
Latest data on government net borrowing and net debt.