§ Mr. SpellarTo ask the Chancellor of the Exchequer what is the breakdown of the PSBR in this fiscal year between central and local government.
§ Mr. NelsonA detailed breakdown of the forecast for the PSBR for 1993–94 was given in table 6.11 of the Financial Statement and Budget Report published last November. The table gives a summary of this information.
£ billion Central Government borrowing requirement on its own account 50.2 Local authority borrowing requirement -0.8 Public corporations borrowing requirement 0.4 PSBR 49.8