Public Expenditure

Treasury written question – answered on 9th January 2023.

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Photo of Pat McFadden Pat McFadden Shadow Chief Secretary to the Treasury

To ask the Chancellor of the Exchequer, with reference to table E.2 in the Autumn Budget and Spending Review 2021, HC 822, published on 27 October 2021, how much is budgeted in the reserve for the (a) 2022-23, (b) 2023-24 and (c) 2024-25 financial years.

Photo of John Glen John Glen The Chief Secretary to the Treasury

At Autumn Statement the latest Resource and Capital figures were published for the reserves in financial years (a) 2022-23, (b) 2023-24 and (c) 2024-25. These can be found in Table 2.1 and 2.2 of the Autumn Statement 2022 document and are as follows:

Resource budgets (excluding depreciation) - £10.7 billion (2022-23), £13.9 billion (2023-24) and £12.9 billion (2024-25).

Capital budgets - £4.1 billion (2022-23), £3.3 billion (2023-24) and £3.2 billion (2024-25).

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