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The Chancellor wants smaller government and is squeezing city budgets until the pips squeak.
Budgets have been around since 1362, during Edward III's reign, although they were not called budgets until 1733.
"The oil companies are likely to hold fire with their budgets until they've seen what happens," he said.
Savings in the pension plan will not make a big difference to state and local budgets until this new group of employees retires.
There will still be cuts to welfare spending pencilled into budgets until 2020 and hard-pressed councils can expect little favour from chancellor Philip Hammond.
The latest forecast says that TV and national newspaper print advertising will bear almost the entire brunt of jittery advertisers who have chosen to hold back on committing marketing budgets until the result of the referendum is known.
Similar(49)
American Ballet Theater did not have a normal budget until 1970".
The legislature refused to approve the budget until its wishes concerning military reform had been met.
California did not pass a budget until October, a record 100 days late.
Holding off a first budget until April, after elections in Andalusia, wasted time.
A one-month spending bill would put off a decision on a budget until after July 17.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com