File: //old_home_backup/consumeraffairs.org.uk/public_html-20241004153750/demand/budget-formal.php
<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head><!-- TemplateBeginEditable name="EditRegion2" -->
<title>Economic Consumer Affairs -
Budget Formal
| 2017/8</title><!-- TemplateEndEditable -->
<meta name="description" content="Economic Development - Define Economic Development" />
<meta name="keywords" content="Economic Development - Define Economic Development" />
<meta http-equiv="Content-Type" content="text/html; charset=UTF-8" />
<script type="text/javascript" src="/js/jquery-1.4.2.min.js"></script>
<script type="text/javascript" src="/js/script.js"></script>
<script type="text/javascript" src="/js/coin-slider.min.js"></script>
<link href="/style.css" rel="stylesheet" type="text/css" />
<link href="style.css" rel="stylesheet" type="text/css" />
</head>
<body>
<div class="main">
<div class="header">
<div class="header_resize">
<div class="logo"> <a href="/index.php"><img src="/images/logo.gif" width="200" height="130" alt="Economic Consumer Affairs Starting your own business" /></a> </div>
<div class="menu_nav">
<ul>
<li><a href="/index.php"><span>Home</span></a></li>
<li><a href="/applied-economics.php"><span>Applied Economics</span></a></li>
<li><a href="/bank-of-england.php"><span>Banks</span></a></li>
<li><a href="/beveridge-william.php"><span>Beveridge</span></a></li>
<li><a href="/capital-stock.php"><span>Capital Stock</span></a></li>
<li><a href="/earned.php"><span>Income</span></a></li>
<li><a href="/economy/UK/economy.php"><span>UK Economy</span></a></li>
<li><a href="/contact.php"><span>Contact</span></a></li>
</ul>
</div>
<div class="clr"></div>
<div class="slider">
<div id="coin-slider"> <a href="/index.php"><img src="/images/slide1.jpg" width="960" height="180" alt="Bank of England " /></a> <a href="/index.php"><img src="/images/slide2.jpg" width="960" height="180" alt="How to make a start with your own business" /></a> </div>
<div class="clr"></div>
</div>
<div class="clr"></div>
</div>
</div>
<div class="content">
<div class="content_resize"><!-- TemplateBeginEditable name="EditRegion1" -->
<div class="mainbar">
<div class="article">
<h1>
Budget Formal
</h1><script type="text/javascript"><!--
google_ad_client = "";
/* links in a line #215670 */
google_ad_slot = "8962789804";
google_ad_width = 468;
google_ad_height = 15;
//-->
</script>
<script type="text/javascript"
src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
</script>
<div id="images3"><img src="/economics-imgs/economics-60.jpg" alt="Budget Formal" /></div>
<p>
Budget, a formal estimate of income and expenditure over a period; in business and government it usually includes an indication of the policy to be pursued to achieve stated objectives.<br /><br />(1) In industry budgets are accounts drawn up in order to plan the financial, commercial and production policies of a business. They usually comprise, in addition to a master budget, a series of detailed or subsidiary budgets relating to sales, production, cash, capital expenditure, plant utilization, etc.<br /><br />Budgetary control consists of the comparison of achieved results with budgeted results in order to ascertain or ensure that the objects of policy are achieved or to provide a basis for revision.<br /><br />(2) The national budget is similar in nature to a business budget; it is an account of the past and future activities of the Government in financial terms. In the annual budget statement to the House of Commons the Chancellor of the Exchequer reviews the Government's income and expenditure for the past year, forecasts them for the coming year, and introduces changes in taxation needed to bring about the expected results and help achieve Government policy.<br /><br />The budget provides two main pointers to Government policy: the expenditure side reflects policy on defence, the social services, subsidies, the nationalized industries, etc.; the revenue side reflects policy on taxation and the distribution of incomes. In all the budget is a convenient annual summary of fiscal policy and, when seen against a background of general economic policy, reflects in some degree the approach of the Government to economic problems in general.<br /><br />The Financial Statement (commonly known as the Budget White Paper), which is available at the end of the Chancellor's speech, assembles all the figures relevant to his report. It sets out what is usually described as the budget proper: the figures of revenue and expenditure to 31st March of the previous financial year and the estimates of revenue for the succeeding financial year based on changes in taxation and other policies proposed and the corresponding estimates of expenditure.<br /><br />
</p>
<h2>
Next Step: Economic Development - Define Economic Development
</h2>
<ul>
<div id="images4"><img src="/econ/images-economy-776.jpg" alt="Budget Formal" /></div>
<li><a href="/index.php"> Budget Contd Condensed </a></li>
<li><a href="/capital-stock.php"> <strong>Capital</strong>Stock </a></li>
<li><a href="http://www.cfr.org/economics/five-economic-trends-watch-2012/p26903" target="_blank"> Experts Forecast The Five Most Consequential Trends In 2012, Following A Year In Which The Global Economy Struggled Amid High Unemployment And Mounting Debt Crises. </a> <img src="/images/icon_external.gif" width="9" height="9" /></li>
<li><a href="http://www.scribd.com/doc/19470191/Unit-I-Definition-of-Economics" target="_blank"> Unit I Definition Of Economics </a> <img src="/images/icon_external.gif" width="9" height="9" /></li>
</ul>
<br />
<p>
<spc: %other />
</p>
<div class="clr"></div>
</div>
</div>
<!-- TemplateEndEditable -->
<div class="sidebar">
<div class="gadget">
<h2 class="star"><a href="/index.php">
Budget Formal
</a></h2>
<div class="clr"></div>
<script async src="//pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script>
<!-- spamdex-display -->
<ins class="adsbygoogle"
style="display:block"
data-ad-client="ca-pub-2121528995419082"
data-ad-slot="8029362605"
data-ad-format="auto"></ins>
<script>
(adsbygoogle = window.adsbygoogle || []).push({});
</script>
</script>
<script type='text/javascript'><!--// <![CDATA[
OA_show(53);
// ]]> --></script>
<p><a href="/index.php">Economics</a> uses everyday words in a more specific sense than that in which they are used by the non-economist. 'Demand', 'supply', cost', 'market', 'rent' and many other words do not mean the same to economists as they do in everyday usage.<br />
</p>
<p><strong>Recent Reads</strong><br />
<a href="/bank-of-england.php">Banks</a>
<a href="/capital-stock.php">capital</a>
<a href="/markets/economics/debt-conversion.php">debt</a>
<a href="/division-of-labour.php">labour</a>
<a href="/trade/UK/growth-economic.php">economy</a>
<a href="/hume-david.php">David Hume</a>
<a href="/land-tax.php">land tax</a>
<a href="/law-economic.php">law</a>
<a href="/marx-karl.php">Karl Marx</a>
<a href="/pension-term-used.php">pensions</a> <br />
. </p>
<p><a href="http://www.happyclaim.com/about-us.html" target="_blank"><img src="/images/econm.gif" alt="Consumer Affairs" width="267" height="553" border="0" /></a></p>
<p> </p>
</div>
</div>
<div class="clr"></div>
</div>
</div>
<div class="fbg">
<div class="fbg_resize">
<div class="col c1">
<h2><span>consumeraffairs.org.uk
</span></h2>
<p>Since then his writings have in turn been increasingly reinterpreted as a special case both by some followers and by some economists who had not wholly accepted his writings. The content of economics is in a state of change, and this consumeraffairs.org.uk
site is therefore not a final statement of economic doctrine.<br /><br /><strong>Economics</strong> is in the last resort a technique of thinking. The reader will therefore need to make an intellectual effort, more substantial for some web entries than for others, to get the most interest and value out of this website.<br />
</p>
</p>
</div>
<div class="col c2">
<h2>Ecomical Favourites</h2>
<ul id="spcFooterLinks"><li><a href="/bonus-shares-shares.php" title="Bonus Shares Shares" alt="Bonus Shares Shares">Bonus Shares Shares</a></li><li><a href="/boseaquet-charles-1769-1850.php" title="Boseaquet Charles 1769 1850" alt="Boseaquet Charles 1769 1850">Boseaquet Charles 1769 1850</a></li><li><a href="/bourse-stock.php" title="Bourse Stock" alt="Bourse Stock">Bourse Stock</a></li><li><a href="/branch-banking-see.php" title="Branch Banking See" alt="Branch Banking See">Branch Banking See</a></li><li><a href="/broker-bill-see.php" title="Broker Bill See" alt="Broker Bill See">Broker Bill See</a></li><li><a href="/budget-formal.php" title="Budget Formal" alt="Budget Formal">Budget Formal</a></li><li><a href="/budget-contd-condensed.php" title="Budget Contd Condensed" alt="Budget Contd Condensed">Budget Contd Condensed</a></li><li><a href="/budget-contd-it.php" title="Budget Contd It" alt="Budget Contd It">Budget Contd It</a></li><li><a href="/buffer-stocks-held.php" title="Buffer Stocks Held" alt="Buffer Stocks Held">Buffer Stocks Held</a></li><li><a href="/building-lease-see.php" title="Building Lease See" alt="Building Lease See">Building Lease See</a></li></ul></div>
<div class="clr"></div>
</div>
</div>
<div class="footer">
<div class="footer_resize">
<p class="lf">© Copyright 2017 | <a href="mailto:contact@economicsOnline.org.uk">contact@consumeraffairs.org.uk
</a> |<a href="http://accountantsguide.co.uk/" title="Economics" target="_blank"> Economics</a> | <a href="http://www.vanillacircus.co.uk/publishing/">Sandra Jonas Publishing</a> | One Heddon Street | Mayfair | London | W1B 4BD | Consumer Affairs was a not-for-profit organisation offering free advice about debt and money management via guides and reports on its website. </p>
</div>
</div>
</div>
<script type="text/javascript">
var _gaq = _gaq || [];
_gaq.push(['_setAccount', 'UA-31916544-1']);
_gaq.push(['_trackPageview']);
(function() {
var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true;
ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js';
var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(ga, s);
})();
</script><script>
(function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){
(i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),
m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)
})(window,document,'script','https://www.google-analytics.com/analytics.js','ga');
ga('create', 'UA-87073664-1', 'auto');
ga('send', 'pageview');
</script></body>
</html>