Overview

This Supply and Appropriation (Main Estimates) (No. 2) Bill authorises the UK government to spend a further £509.9 billion for the financial year 2023-24. This covers various government departments and includes provisions for both current and capital spending, along with the use of income received by these departments.

Description

The bill increases the authorized spending limit by approximately £509.9 billion. Specifically, £410.7 billion is for current expenditure (day-to-day running costs) and £99.2 billion is for capital expenditure (investment in infrastructure and assets). The bill appropriates funds from various departments, specifying allocations for different categories: Departmental Expenditure Limits (DEL), Annually Managed Expenditure (AME), and Non-Budget Expenditure (NBE). The bill also outlines rules for the use of income generated by government departments, including how surpluses are handled. The bill clarifies that the appropriations are to be considered effective from April 1st, 2023.

Government Spending

The bill authorises an additional £509,887,984,000 in government spending for the year ending 31 March 2024, adding to existing allocations under the Supply and Appropriation (Anticipation and Adjustments) Act 2023. This brings the total authorized spending to an amount exceeding £973 billion in resources and £820 billion in cash.

Groups Affected

• Government Departments: All government departments listed in the schedule will be directly affected, receiving allocated funds. The amounts received will influence their operational capacity and ability to deliver services.
• Public Sector Bodies: Numerous public sector bodies, including NHS trusts, schools, local authorities, and other agencies, will receive funding indirectly through government departments.
• Citizens: The impact on citizens will vary depending on the services funded by the bill. It could affect access to healthcare, education, social welfare benefits, infrastructure projects and other public services.
• Businesses: Businesses interacting with government departments (e.g., contractors, suppliers) will be affected by the funding allocations.

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