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Spending review in key charts Spending review in key charts
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The speech made by George Osborne today was promptly followed by the publication of a range of documents that underpinned the government's plans for 2015/16. We've tried to draw out the main issues buried in these pdfs and set them alongside other data that gives them some perspective.The speech made by George Osborne today was promptly followed by the publication of a range of documents that underpinned the government's plans for 2015/16. We've tried to draw out the main issues buried in these pdfs and set them alongside other data that gives them some perspective.
Who's up, who's downWho's up, who's down
Certain departments may consider themselves as winners or losers depending on the size of budget cut the chancellor demanded of them today. You can explore our interactive to find out about where the biggest changes are happening, find out about what's happening to everything from the arts to the army here and read analysis from eight experts here.Certain departments may consider themselves as winners or losers depending on the size of budget cut the chancellor demanded of them today. You can explore our interactive to find out about where the biggest changes are happening, find out about what's happening to everything from the arts to the army here and read analysis from eight experts here.
Our graphics team have also created this simple department by department breakdown for you.
Changes over timeChanges over time
According to the figures published by the Treasury, the total 'envelope' of government spending for 2015/16 will amount to £744.7bn, split almost exactly in half between departmental expenditure limit (DEL) and annually managed expenditure (AME). DEL refers to planned spending and covers relatively predictable costs, while AME is spending on demand-led services such as benefits and self-funded spend by local authorities.According to the figures published by the Treasury, the total 'envelope' of government spending for 2015/16 will amount to £744.7bn, split almost exactly in half between departmental expenditure limit (DEL) and annually managed expenditure (AME). DEL refers to planned spending and covers relatively predictable costs, while AME is spending on demand-led services such as benefits and self-funded spend by local authorities.
This total is up by 1.9% in nominal terms on the projection for 2014/15, but represents a fall as a proportion of projected GDP from 44% to 43.1%.This total is up by 1.9% in nominal terms on the projection for 2014/15, but represents a fall as a proportion of projected GDP from 44% to 43.1%.
ContextContext
The Office for Budget Responsibility (OBR) should provide a reality check to the chancellor's plans since it was created in 2010 to provide an independent voice on the UK's finances.The Office for Budget Responsibility (OBR) should provide a reality check to the chancellor's plans since it was created in 2010 to provide an independent voice on the UK's finances.
According to their latest projections, by the time that the government will be starting to implement the plans outlined today, public sector net borrowing should have fallen to about a third what it currently is, while employment, household disposable incomes and UK exports should have risen. Though their estimates vary, as the graph below demonstrates, by all accounts they expect that by 2015-16, GDP growth should have increased.According to their latest projections, by the time that the government will be starting to implement the plans outlined today, public sector net borrowing should have fallen to about a third what it currently is, while employment, household disposable incomes and UK exports should have risen. Though their estimates vary, as the graph below demonstrates, by all accounts they expect that by 2015-16, GDP growth should have increased.
Impact on householdsImpact on households
This chart has been produced by HM Treasury and released along with the other spending round documents. We've had to reproduce it here as we don't yet have the data that has been used to make it but it does suggest an optimistic depiction of a fairly distributed tax burden for 2015-16.This chart has been produced by HM Treasury and released along with the other spending round documents. We've had to reproduce it here as we don't yet have the data that has been used to make it but it does suggest an optimistic depiction of a fairly distributed tax burden for 2015-16.
That's partly because percentages, rather than numbers have been used here to depict the impact on each income group. It is also important to remember that each of these groups represent entirely different fractions of the UK population - for example, the wealthiest 20% do not account for 1 in 5 households in the country.That's partly because percentages, rather than numbers have been used here to depict the impact on each income group. It is also important to remember that each of these groups represent entirely different fractions of the UK population - for example, the wealthiest 20% do not account for 1 in 5 households in the country.
We will be following this up with extra data as it emerges, probably once sub-departmental budgets have been agreed, so get in touch with any comments or suggestions of specific areas to drill down into either in the comments below or via Twitter at @MonaChalabi, @jburnmurdoch or the official @GuardianData accountWe will be following this up with extra data as it emerges, probably once sub-departmental budgets have been agreed, so get in touch with any comments or suggestions of specific areas to drill down into either in the comments below or via Twitter at @MonaChalabi, @jburnmurdoch or the official @GuardianData account
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