| Heading: |
Public Sector: Borrowing |
| Question ID: |
1807751 |
| UIN: |
HL7968 |
| House: |
Lords |
| Date tabled: |
2025-06-02 |
| Asking Member ID: |
4284 |
| Asking Member display name: |
Baroness Neville-Rolfe
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| Asking Member handle: |
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| Asking Member Twitter reference: |
Baroness Neville-Rolfe
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| Member interest: |
false |
| Question text: |
To ask His Majesty's Government what steps they plan to take to reduce public sector borrowing, following the release of the latest Office for National Statistics figures for public sector net borrowing. |
| Is named day: |
false |
| Date of holding answer: |
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| Date answered: |
2025-06-16 |
| Date answer corrected: |
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| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
4559 |
| Answering Member display name: |
Lord Livermore
|
| Answering Member handle: |
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| Answering Member Twitter reference: |
Lord Livermore
|
| Correcting Member ID: |
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| Correcting Member display name: |
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| Correcting Member handle: |
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| Correcting Member Twitter reference: |
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| Answer text: |
The Government’s approach to borrowing is set out in its fiscal rules – to move the current budget into balance so day-to-day spending is met by revenues, meaning the Government will only borrow for investment, and to reduce net financial debt as a share ... |
| Original answer text: |
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| Comparable answer text: |
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| Answering body ID: |
14 |
| Answering body name: |
Treasury |
| Tweeted: |
true |