(n.) A bag or sack with its contents; hence, a stock or store; an accumulation; as, a budget of inventions.
(n.) The annual financial statement which the British chancellor of the exchequer makes in the House of Commons. It comprehends a general view of the finances of the country, with the proposed plan of taxation for the ensuing year. The term is sometimes applied to a similar statement in other countries.
Example Sentences:
(1) Handing Greater Manchester’s £6bn health and social care budget over to the city’s combined authority is the most exciting experiment in local government and the health service in decades – but the risks are huge.
(2) Mike Ashley told Lee Charnley that maybe he could talk with me last week but I said: ‘Listen, we cannot say too much so I think it’s better if we wait.’ The message Mike Ashley is sending is quite positive, but it was better to talk after we play Tottenham.” Benítez will ask Ashley for written assurances over his transfer budget, control of transfers and other spheres of club autonomy, but can also reassure the owner that the prospect of managing in the second tier holds few fears for him.
(3) But the wounding charge in 2010 has become Brown's creation of a structural hole in the budget, more serious than the cyclical hit which the recession made in tax receipts, at least 4% of GDP.
(4) The playing fields on which all those players began their journeys have been underfunded for years and are now facing a renewed crisis because of cuts to local authority budgets.
(5) Cameron also used the speech to lambast one of the central announcements in the budget - raising the top rate of tax for people earning more than £150,000 to 50p from next year.
(6) We are in the middle of the third year of huge cuts in acute hospitals' budgets," said Porter.
(7) Liu was a driving force behind the modernisation of China's rail system, a project that included building 10,000 miles of high-speed rail track by 2020 – with a budget of £170bn, one of the most expensive engineering feats in recent history.
(8) Based on the economics of most countries in Africa, their Health Budgets can afford mostly the non-opioid and strong opioid drugs in more or less adequate quantities.
(9) Non-essential Federal government services will remain closed until a budget to pay for them has been agreed.
(10) The need here is to promote the development of genuinely participative models – citizens panels and juries, patient and community leaders, participatory budgeting, and harnessing the power of digital engagement.
(11) The agency, which works to reduce food waste and plastic bag use, has already been gutted , with its budget reduced to £17.9m in 2014, down from £37.7m in 2011.
(12) Cable argued that the additional £30bn austerity proposed by the chancellor after 2015 went beyond the joint coalition commitment to eradicate the structural part of the UK's current budget deficit – the part of non-investment spending that will not disappear even when the economy has fully emerged from the recession of 2008-09.
(13) George Osborne’s eighth budget is unlikely to be a radical affair , as the state of the public finances and the upcoming EU referendum limit the chancellor’s room for manoeuvre.
(14) However in a repeat of the current standoff over the federal budget, the conservative wing of the Republican party is threatening to exploit its leverage over raising the debt ceiling to unpick Obama's healthcare reforms.
(15) The BBC has reversed its decision to close the Asian Network digital radio station – but will look to cut its budget in half.
(16) It has so far returned a mere $6m (£3.6m) of its relatively meagre $28m (£17.1m) budget, according to Forbes, a percentage of just 21%.
(17) "We were the ones with the most over-indebted banks, the most over-indebted households and we had the biggest budget deficit of virtually any country, anywhere in the world.
(18) • Motorola Moto G – the best budget smartphone for just £135
(19) In Wednesday’s budget speech , George Osborne acknowledged there had been a big rise in overseas suppliers storing goods in Britain and selling them online without paying VAT.
(20) However, it has since increased that to £2.1m or 15.6% of that budget.
Treasury
Definition:
(n.) A place or building in which stores of wealth are deposited; especially, a place where public revenues are deposited and kept, and where money is disbursed to defray the expenses of government; hence, also, the place of deposit and disbursement of any collected funds.
(n.) That department of a government which has charge of the finances.
(n.) A repository of abundance; a storehouse.
(n.) Hence, a book or work containing much valuable knowledge, wisdom, wit, or the like; a thesaurus; as, " Maunder's Treasury of Botany."
(n.) A treasure.
Example Sentences:
(1) Obiang, blaming foreigners for bringing corruption to his country, told people he needed to run the national treasury to prevent others falling into temptation.
(2) They also questioned why George Osborne and the Treasury failed to realise there was a potential issue earlier in the calculation process – pointing to recent upwards revisions of post-1995 gross national income by the UK’s own statistics watchdog.
(3) The Treasury said: "Britain has been at the forefront of global reforms to make banking more responsible, including big reductions in upfront cash bonuses and linking rewards to long-term success.
(4) There must also be strict rules in place to reduce the risks they take with shareholders' funds.Yet the huge cost of increasing capital and liquidity is forgotten when the Treasury urges them to increase lending to small and medium businesses.
(5) The Treasury has also earmarked £3bn in "underspends" by departments that have cut more rapidly than planned, to be put to use.
(6) He served as financial secretary to the Treasury between 1994 and 1995, then as transport secretary for two years.
(7) However, a spokesperson for the Department for Communities and Local Government denied any reports of a rift with the Treasury.
(8) Zoopla, the property website, has warned that Brexit would reverse the gains in house prices made over the past five years, citing Treasury research.
(9) Nurses, police and other public sector workers should not necessarily expect a 1% pay rise, the chief secretary to the Treasury has said.
(10) The prime minister said that while he was prepared to organise the extraordinary Treasury briefing, he was not prepared to release the government’s independent advice for the public or parliament to justify the rise.
(11) Sir James Crosby, the chief executive until 2006, was forced to resign as deputy chairman of the Financial Services Authority after the Treasury select committee produced allegations by a whistleblower that the bank was "going too fast".
(12) Treasury secretary Tim Geithner called her an "exceptional talent" whose broad experience would "provide invaluable leadership for this indispensable institution at a critical time for the global economy".
(13) As part of the plan, the treasury and the Federal Deposit Insurance Corporation will guarantee against the "possibility of unusually large losses" on up to $306bn of risky loans and securities backed by commercial and residential mortgages.
(14) Freedom of information documents obtained as part of the investigation show that the recently departed leader of the City corporation, Stuart Fraser, had contact with the chancellor, George Osborne, and other senior Treasury ministers and officials 22 times in the 14 months up to March this year.
(15) Inflation is down by more than a half from its peak," the Treasury said in a statement.
(16) Mark Hellowell, lecturer in global health policy at Edinburgh University and an adviser to the Treasury select committee inquiry into PFIs, said: "There are some really significant risks to affordability here."
(17) Treasury sources said concerns over the state of the box were justified.
(18) The governor told business leaders in Edinburgh that Westminster would need to agree that the UK Treasury would help to bail out Scotland in any future financial crisis and act as a guarantor for Scotland's banks.
(19) Any further sales will be subject to market conditions and ensuring value for money,” the Treasury said.
(20) The Treasury was adamant last night that this would not be the impact at an industry level and produced figures that showed, for instance, in 2014-15, the corporation tax costs being £0.4bn, compared with a bank levy yield of £2.4bn.