M

Member

Speaking in the House of Lords on 27 March 2025

Debate

Spring Statement

Contribution

The OBR forecast that the investment rule would also be met two years early, with net financial debt of 82.9% of GDP in 2025-26 and 83.5% in 2026-27, before falling to 83.4% in 2027-28, to 83.2% in 2028-29 and then to 82.7% in 2029-30, providing headroom of £15.1 billion in the final year of the forecast, broadly unchanged from the autumn forecast.

About Hansard

Hansard is the official verbatim record of proceedings in the UK Parliament. Every word spoken in the Commons and Lords is recorded and published — this page is a single contribution from that record.

Partner sites