HC Deb 29 June 1998 vol 315 cc27-8W
Mr. Malcolm Bruce

To ask the Chancellor of the Exchequer on what date the Bank of England was first notified of the new plans for public spending and borrowing, as set out in the Economic and Fiscal Strategy report (June 1998); and if he will make a statement. [46384]

Mr. Gibb

To ask the Chancellor of the Exchequer (1) if the Monetary Policy Committee of the Bank of England was informed of the Chancellor's statement on public spending prior to reaching its decision to raise interest rates on 4 June; [46533]

(2) if the Governor of the Bank of England was informed of the Chancellor's statement on public spending prior to the Monetary Policy Committee reaching its decision to raise interest rates on 4 June. [46534]

Mr. Heathcoat-Amory

To ask the Chancellor of the Exchequer (1) if the Treasury representative present at the Monetary Policy Committee's meeting on 3 and 4 June was informed of the plans set out in the Economic and Fiscal Strategy report; [46853]

(2) if his Department informed the Monetary Policy Committee of the plans set out in the Economic and Fiscal Strategy report at or before its meeting on 4 June. [46852]

Mrs. Liddell

[holding answers 18, 19 and 22 June 1998]: I refer to what the Chancellor of the Exchequer said in response to the right hon. Member for Horsham (Mr. Maude) at Treasury Oral Questions on 25 June 1998, Official Report, column 1153.

Mr. Malcolm Bruce

To ask the Chancellor of the Exchequer if he will estimate the annual real terms growth of(a) total Government expenditure, (b) control total expenditure, (c) current expenditure and (d) capital expenditure, for (i) 1978–79 to 1982–83, (ii) 1982–83 to 1986–87, (iii) 1986–87 to 1991–92, (iv) 1991–92 to 1996–97 and (v) 1996–97 to 2001–02. [46386]

Mr. Darling

[holding answer 18 June 1998]: Figures for current expenditure and capital expenditure can be found in Table 4A.1 or Table 4.5 (for years beyond 1998–99) of the Economic and Fiscal Strategy Report (EFSR). Total Managed Expenditure is the sum of current spending and net capital investment. Figures for the Control Total up to 1996–97 are given in the Table B24 of the Financial Statement and Budget Report (March 1998). The figure for 1997–98 was published in the Public Expenditure Outturn White Paper (19 June) and the 1998–99 figure was given in the FSBR, with the revisions noted in Table 3A of the EFSR. Figures for the Control Total are available on a consistent basis only from 1984–85. This concept is not applicable beyond 1998–99, as from 1999–2000 a reformed control regime will be introduced. Projections for the GDP deflator and money GDP can be found in Table 4.1 of the EFSR. Historical figures for GDP can be found in Table 2.1 of Economic Trends. These publications can be found in the House of Commons Library.