Ways and Means Borrowing

HC Deb 29 March 1999 vol 328 c520W

Mr. Heathcoat-Amory

To ask the Chancellor of the Exchequer what is the size of the Government's overdraft on the Ways and Means account at the Bank of England. [77471]

Ms Hewitt

[holding answer 18 March 1999]The size of the outstanding balance of Ways and Means borrowing fluctuates each day, reflecting the seasonal and daily changes in the Government's cash requirements. At the end of February 1999, it stood at £2.8 billion.