Newsroom & speeches
19/08
26 February 2008
HM Treasury is today presenting a revised Spring Supplementary Estimate to the House of Commons. The revised Estimate confirms Treasury contingent liabilities notified to Parliament on 26th November 2007 and 19th February 2008.
Neither the Estimate of 19th February nor this revision involve any change in total spending plans because the increases sought have either been offset by savings elsewhere in the department's programmes or represent shifts against the Annually Managed Expenditure (AME) Margin. Since the Margin is part of Total Managed Expenditure, the planned public expenditure total remains unchanged.
1. The Spring Supplementary Estimates
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