Oral Question·Department for Levelling Up, Housing and Communities
“What steps his Department is taking to provide (a) tools and (b) funding to help local leaders deliver services.”
Tabled: 15 November 2022Answered: 21 November 2022
Answering Minister
the Secretary of State for Levelling Up, Housing and Communities
Answer from Hansard
The Chancellor of the Exchequer (Rachel Reeves)
When we entered office, debt was at highs not seen since the 1960s. My commitment to the fiscal rules is non-negotiable, and we will drive debt down to a sustainable level. There have been movements in global financial markets, and the UK is not immune. The Office for Budget Responsibility will produce a forecast in the usual way, and I will respond with a statement to Parliament on 26 March. I will not be giving a running commentary on that forecast.