Public Sector Borrowing Requirement (Hansard, 17 February 1981)

HC Deb 17 February 1981 vol 999 c84W 84W

§ Mr. Park
asked the Chancellor of the Exchequer whether the size of the public sector borrowing requirement is affected by any increase in unemployment, assuming other policies remain unchanged.

§ Mr. Brittan
It is. I refer the hon. Member to February's Economic Progress Report, which discusses the impact of the recession on the PSBR and the direct costs incurred by the Exchequer when unemployment increases.