– in the House of Commons at 5:00 pm on 9 July 2020.
Resolved,
That, for the year ending with
(1) further resources, not exceeding £297,834,462,000 be authorised for use for current purposes as set out in HC 288, HC 290, HC 293, HC 297, HC 303, HC 326 and HC 328 of Session 2019–21,
(2) further resources, not exceeding £28,473,592,000 be authorised for use for capital purposes as so set out, and
(3) a further sum, not exceeding £281,696,026,000 be granted to Her Majesty to be issued by the Treasury out of the Consolidated Fund and applied for expenditure on the use of resources authorised by Parliament.—(Jesse Norman.)
Ordered, That a Bill be brought in upon the foregoing Resolutions relating to Main Estimates 2020-2021;
That the Chairman of Ways and Means, the Chancellor of the Exchequer, Steve Barclay, Jesse Norman, John Glen and Kemi Badenoch 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.
