Public Services

HC Deb 01 April 2004 vol 419 cc1694-5W

Mr. Lyons

To ask the Chancellor of the Exchequer if he will make a statement on levels of investment in public services. [163965]

Mr. Boateng

Tables C4 and C5 of Budget 2004 set out the Government's aggregate plans for public sector capital investment. Under these plans, Public Sector Net Investment will reach 2.2 per cent. of GDP by 2007–08 to rectify the historical under-investment in public infrastructure and deliver improved public services. More information on specific capital allocations through to 2005–06 is set out in the SR2002 White Paper (Cm 5570) and the Government will set out new capital plans for 2006/-07 and 2007–08 in the forthcoming Spending Review.