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Chancellor unveils Autumn Budget and Spending Review 2021

27 October 2021 (updated on 27 October 2021)

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Today the Chancellor of the Exchequer, Rishi Sunak, announced the 2021 Autumn Budget and Spending Review in the House of Commons. The statement set out the Government’s spending plans for each government department for the next three financial years.

What is the Budget statement?

The Budget statement updates Parliament and the nation on the state of the economy, on public finances and on progress against the Government’s economic objectives. Announcements on measures to amend the tax system are usually reserved for the annual Budget.

Dame Eleanor Laing, the Deputy Speaker and Chairman of Ways and Means, chaired the Budget. The House of Commons debates the Budget over four days and scrutinises the subsequent Finance Bill, which enacts the Chancellor's proposals.

How to watch the Budget statement

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Image: UK Parliament/Jessica Taylor