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391947
unstar this property registered interest false more like this
star this property date less than 2015-07-21more like thisremove minimum value filter
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury more like this
star this property hansard heading Public Sector: Borrowing more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government what assessment they have made of how much public-sector borrowing will grow up to 2018–19 as a consequence of the fiscal changes announced in the recent budget. more like this
star this property tabling member printed
Lord Kennedy of Southwark more like this
star this property uin HL1710 remove filter
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer remove filter
star this property answer text <p>The government has set out a strategy that reduces the deficit at the same rate again in this Parliament as over the previous Parliament - that means reducing the deficit by 1.1 per cent of GDP a year on average, for the next four years. While, as set out in the Office for Budget Responsibility’s July Economic and Fiscal Outlook, borrowing is forecast to be £21 billion higher up to 2018-19, the resulting smoother fiscal path leads to a higher surplus and lower public sector net debt as a share of GDP, relative to the March Budget.</p><p> </p> more like this
star this property answering member printed Lord O'Neill of Gatley more like this
star this property question first answered
less than 2015-07-30T13:31:22.7Zmore like thismore than 2015-07-30T13:31:22.7Z
star this property answering member
4536
unstar this property label Biography information for Lord O'Neill of Gatley more like this
star this property tabling member
4153
unstar this property label Biography information for Lord Kennedy of Southwark more like this