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The most recent budget was presented by Rachel Reeves on 30 October 2024. The UK fiscal year ends on 5 April each year. The financial year ends on 31 March of each year. Thus, the UK budget for financial year 2021 runs from 1 April 2021 to 31 March 2022 and is often referred to as 2021–22.
In Sweden, the fiscal year for individuals is the calendar year, 1 January to 31 December. [58] The fiscal year for an organisation is typically one of the following: 1 January to 31 December; 1 May to 30 April; 1 July to 30 June; 1 September to 31 August; However, all calendar months are allowed.
For the financial year 2023–24, total government spending is expected to be £1,189 billion. [2] The UK government has spent more than it has raised in taxation since financial year 2001–02, [3] creating a budget deficit and leading to growing debt interest payments.
Each term consists of ten school weeks. Term 1 starts the day immediately after New Year's Day. If the first school day is a Thursday or a Friday, it is not counted as a school week. After term 1, there is a break of a week, called the March Holidays. Thereafter, term 2 commences and is followed by a break of four weeks, the June Holidays.
The first written reference to a uniform for boys was in 1222 when the Archbishop of Canterbury mandated that students wear a robe-like outfit called the "cappa clausa". [3] In the early 16th century charity school pupils were given second-hand clothes, in 1552 the Christ's Hospital charity issued an obligatory uniform to its scholars.
On 25 April, data published by the Office for National Statistics indicated that government borrowing for the year up to 31 March 2023 had been £139.2bn, and consequently less than the £152bn forecast prior to the 2023 budget. [16] On 2 January 2024, applications opened for working parents in England to apply for 15 hours per week of funded ...
The Department of Trade and Industry (DTI) was a United Kingdom government department formed on 19 October 1970. It was replaced with the creation of the Department for Business, Enterprise and Regulatory Reform and the Department for Innovation, Universities and Skills on 28 June 2007.
The Government has set itself two medium-term fiscal targets: first, a fiscal mandate for the cyclically-adjusted current budget to be below 2 per cent of GDP by 2020-21, and second, a supplementary target to have public sector net debt falling as a share of GDP in 2020-21. [9]