Overview

The Supply and Appropriation (Anticipation and Adjustments) Bill is a UK government bill that adjusts the spending plans for the financial years 2021-22, 2022-23, and 2023-24. It authorises additional spending and makes adjustments to existing allocations to account for overspending, underspending and changes in government priorities.

Description

The bill covers three financial years: 2021-22, 2022-23, and 2023-24. For 2023-24, it authorises a total of £463,741,347,000 in spending, broken down into £370,588,547,000 for current purposes and £93,152,800,000 for capital purposes. The Treasury is authorised to issue up to £374,553,971,000 from the Consolidated Fund to cover this spending.

For 2022-23, the bill adjusts previously authorised spending. It reduces the overall authorisation by £1,987,407,000, but increases current spending by £10,850,816,000 and reduces capital spending by £12,838,223,000. These adjustments, detailed in Schedule 1, reflect changes to departmental budgets across various government departments. The Treasury's authorisation to issue money is reduced by £24,497,487,000.

Finally, for 2021-22, the bill addresses overspending. It authorises an additional £2,457,088,000 to cover budget excesses. These adjustments are detailed in Schedule 2.

Government Spending

The bill authorises significant changes to government spending across multiple financial years. For 2023-24, it authorises £463,741,347,000. For 2022-23, it results in a net reduction in authorised spending, though current spending increases significantly. For 2021-22, it adds £2,457,088,000 to cover overspending.

Groups Affected

Numerous groups are potentially affected, including:

• Government Departments: The bill directly impacts the budgets of numerous government departments, resulting in both increases and decreases in spending allocations. Specific impacts vary by department and are detailed in Schedules 1 and 2.
• Public Sector Organisations: Changes to departmental budgets may affect funding for various public sector bodies, including those funded through grants or contracts.
• Individuals: Changes in government spending can indirectly impact individuals through alterations to services (like healthcare or education) and benefit programs.

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