Overview

The Consolidated Fund Bill 2010 authorizes government spending for the financial years ending 31 March 2011 and 31 March 2012. It allows the Treasury to issue funds from the Consolidated Fund to cover this spending, which has already been approved by Parliament.

Description

This bill approves government spending for two financial years.

Year ending 31 March 2011:

• Authorizes the use of resources: £5,776,805,000
• Allows the Treasury to issue from the Consolidated Fund: £5,707,827,000

Year ending 31 March 2012:

• Authorizes the use of resources: £245,218,342,000 (This includes £222,632,387,000 for current spending and £22,585,955,000 for capital spending)
• Allows the Treasury to issue from the Consolidated Fund: £203,352,310,000

Government Spending

The bill authorizes a total of £251,000,000,000 approximately for the two financial years. The specific breakdown is detailed above. This represents government expenditure already approved by Parliament through separate budget processes.

Groups Affected

This bill affects all UK citizens and residents indirectly as it authorizes the funding for public services and government operations. The impact will vary depending on the allocation of funds within the approved budget. Specific groups will benefit or be affected depending on how these funds are used (e.g., healthcare, education, defense, social welfare programs).

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