§ 20. Mr. JenkinTo ask the Chancellor of the Exchequer what are his estimates of the change in public sector debt interest payments over the next three years as a result of the November Budget; and what estimate he has made as to the effect of the change on the sustainability of Government finances.
§ Mr. PortilloBy 1996–97, I estimate that debt interest payments will be £1.2 billion lower as a result of the November Budget. The Budget puts the public finances on a sound and sustainable basis.