HC Deb 19 November 1987 vol 122 c642W
Mr. Heathcoat-Amory

To ask the Chancellor of the Exchequer what are the main factors currently influencing the level of public borrowing in the United Kingdom.

Mr. Major

Buoyant tax revenues from a healthy growing economy and success in containing public expenditure within plans mean that the public sector borrowing requirement for 1987–88 is now forecast to be over £2 billion lower than in 1986–87.