Written Question·Treasury·UIN 40157

Public Expenditure

Tabled: 21 March 2025
Answered: 26 March 2025
Named Day

Question

Sir Mel Stride

ConservativeCentral Devon

To ask the Chancellor of the Exchequer, in which financial year the current budget was last in surplus.

Answer

Emma Reynolds
The last financial year for which the current budget was in surplus was 2018-19, when there was a surplus of £0.8 billion. This was the only surplus since 2001-02, when the current budget was in surplus by £6.9 billion. The OBR has today forecast that the...

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