Oral Question·Treasury
“What assessment she has made of the implications for her policies of the most recent figures for Government borrowing.”
Tabled: 26 February 2025Answered: 4 March 2025
Asked by
Sir Desmond Swayne
Conservative — New Forest West
Answering Minister
the Chancellor of the Exchequer
Answer from Hansard
The Chancellor of the Exchequer (Rachel Reeves)
In the autumn I took the decisions to put our public finances back on a firm footing. The most recent GDP data showed that the economy grew by 0.4% in the final month of last year. As I have said on many occasions, our fiscal rules are non-negotiable. The Conservative party sent mortgage rates and business borrowing costs spiralling; we have returned stability to the public finances to give families and businesses the stability that they need.