Treasury written question – answered at on 7 January 2026.
Mel Stride
Shadow Chancellor of the Exchequer
To ask the Chancellor of the exchequer, with reference to Item 13 of Table 4.1 in the Budget Document, published 26 November 2025, if she will provide a breakdown of the fiscal impacts in each financial year for each of the operational changes included in the costing.
James Murray
The Chief Secretary to the Treasury
The Government set out further details on the relevant operational changes in its press release of 18 December.
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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.
