§ Mr. Austin MitchellTo ask the Chancellor of the Exchequer if he will give the predicted and actual public sector financial deficit or surplus for each financial year since 1979. [4329]
§ Mr. WaldegraveForecasts of the public sector financial balances are published in the "Financial Statement and Budget Report". Outturns of the public sector financial balance are available from the Central Statistical Office databank, series AABE.
Forecast and outturn figures for the public sector financial balance £ billion Source Period Forecast Outturn FSBR June 1979 1979–80 –7.2 –8.2 FSBR March 1980 1980–81 –6.9 –11.8 FSBR March 1981 1981–82 –6.3 –5.5 FSBR March 1982 1982–83 –6.6 –8.7 FSBR March 1983 1983–84 –8.9 –11.7 FSBR March 1984 1984–85 –8.5 –13.7 FSBR March 1985 1985–86 –9.8 –8.1 FSBR March 1986 1986–87 –12.2 –8.2 FSBR March 1987 1987–88 –9.4 –1.9 FSBR March 1988 1988–89 –1.4 8.3 FSBR March 1989 1989–90 7.3 2.4 FSBR March 1990 1990–91 2.6 –3.1 FSBR March 1991 1991–92 –11.3 –18.6 FSBR March 1992 1992–93 –30.9 –45.0 FSBR March 1993 1993–94 –55.2 –49.9 FSBR November 1989 1994–95 –41.3 –40.5 FSBR November 1994 1996–96 1–25.6 — FSBR November 1995 1996–97 –25.4 — 1 Published in the Revised Tables, January 1995, following the decision to leave the rate of VAT on domestic fuel and power at 8 per cent., and the further Budget measures announced on 8 December 1994.