The date for the fist unified budget has been brought forward from early December to late November to give governme...
The date for the fist unified budget has been brought forward from early December to late November to give government departments and councils more time to plan for the following financial year, the Financial Times says (p9).
Until now, the Autumn Statement has been in the first half of November. Councils had warned that if, in unifying the spring Budget with the statement, the announcement of spending plans slipped into December, their own budgetary process would be hard pressed.
From summer 1994, ministers are also likely to begin making a summer economic forecast to make up for the compression of the two existing forecasts, the FT says.