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Old 15-10-2024, 11:39   #64
Hugh
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Re: Starmer’s chronicles

Quote:
Originally Posted by nomadking View Post
Still not a £22bn unknown "black hole". Just an explanation of KNOWN costs plus the extra wage rises. That's before you add in the possible public sector employer NI increases.
The second paragraph in the first links clarifies that - the £22 billion forecast overspend was not in the March 6th Budget figures - March the departmental budgets were forecast to be £nnn billion, the Treasury audit in July showed the forecast spend was £nnn billion + £22 billion.

Quote:
The audit carried out by the Treasury shows that the forecast overspend on departmental spending is expected to be £21.9 billion above the resource departmental expenditure limit (RDEL) totals set by the Treasury at Spring Budget 2024
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