Ofcom is the independent regulator for the UK communications industry, and sets its budget on an annual basis, and publishes this on 31 March of every year. I am therefore unable to provide the budget figures requested for 2009-10 and 2010-11. Ofcom's budget for 2008-09 will be £133.7 million, 1.5 per cent. lower in real terms than its budget for 2007-08 and 17.5 per cent. lower in real terms than Ofcom's original full-year budget set in 2004-05.
A four year funding settlement was set with HM Treasury on 24 February 2007 and for 2009-10 and 2010-11—it is £142 million and £143 million respectively. Ofcom must operate within this settlement.