HC Deb 19 March 1998 vol 308 c674W
Mr. Timms

To ask the Chancellor of the Exchequer if he will give details of the Government's borrowing programme in 1998–99. [35689]

Mrs. Liddell

The Government have today published the 1998–99 Debt Management Report. This sets out the Government's debt management policy, reviews the Government's borrowing programme in 1997–98, and gives details of the Government's borrowing programme in 1998–99, including remits for the Debt Management Office and National Savings. This is the first remit for the UK Debt Management Office, which takes on responsibility for debt management from 1 April 1998, following the decision to transfer Government debt management responsibilities from the Bank of England to the Treasury. Copies have been placed in the Libraries of the House.