Public Finance

Treasury written question – answered at on 23 January 2025.

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Photo of Lord Booth-Smith Lord Booth-Smith Conservative

To ask His Majesty's Government when they intend to lay the finalised Charter for Budget Responsibility before Parliament, following the draft Charter of Autumn of 2024.

Photo of Lord Livermore Lord Livermore The Financial Secretary to the Treasury

The Government published an updated Charter for Budget Responsibility on 22 January 2025. The updated Charter sets out the government’s robust fiscal rules and a set of responsible reforms to the fiscal framework that improve certainty, transparency and accountability.

The government is required to pass the Charter through the House of Commons at least 28 days after the draft is laid before parliament. The final Charter was laid on the 22nd of January 2025.

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