Policy paper

Charter for Budget Responsibility: Autumn Statement 2014 update

This is a statutory document that sets out the government’s approach to fiscal policy and management of the public finances. The Autumn Statement 2014 update introduces revisions to the fiscal framework.

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Document

Charter for Budget Responsibility: Autumn Statement 2014 update

Details

As required by the Budget Responsibility and National Audit Act 2011, the Charter for Budget Responsibility sets out the government’s fiscal and debt management policy and how this will operate. This includes the government’s fiscal and debt management objectives and its fiscal mandate. Following the March 2014 update of the Charter to include a new cap on welfare expenditure, the Autumn Statement 2014 update presents a revised fiscal framework.

Read the Charter for Budget Responsibility March 2014 update.

Published 15 December 2014