Public Borrowing (Hansard, 12 June 1997)

HC Deb 12 June 1997 vol 295 c568W 568W

§ Mr. Fallon
To ask the Chancellor of the Exchequer what is his definition of the Government's golden rule in respect of public borrowing. [2979]

§ Mr. Darling
[holding answer 10 June 1997]: Over the economic cycle the Government will borrow only to invest and not to fund current expenditure. Further details will be set out in my right hon. Friend the Chancellor's Budget Statement.