HC Deb 24 May 1982 vol 24 cc224-5W
Mr. Joel Barnett

asked the Chancellor of the Exchequer (1) if, pursuant to the answer on 13 May 1982 to the right hon. Member for Heywood and Royton, Official Report, c. 936, concerning the public sector borrowing requirement, he will now make a statement on the investigations into the reasons why the monitoring of public expenditure did not disclose so large a change in such a short time;

(2) whether the public sector borrowing requirement forecast for 1982–83 assumed that the Contingency Reserve in his public expenditure plans would be spent; whether his latest information indicates there will be a further substantial shortfall similar to that in 1981–82; if so, whether he is proposing to take action to prevent such a shortfall; and if he will make a statement.

Sir Geoffrey Howe

I shall let the right hon. Member have a reply as soon as possible.