Written Question·Treasury·UIN 900227
Public Finance
Tabled: 27 August 2024
Answered: 3 September 2024
Named DayQuestion
Gareth Bacon
Conservative — Orpington
What recent assessment she has made of the impact of levels of borrowing on public finances.
Answer
Tulip SiddiqBorrowing for the first four months of the financial year was £51.4bn, £4.7bn higher than the OBR forecast in March. This adds to the challenging fiscal position the government has inherited, with debt at its highest level since the 1960s. The Chancellor ...
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