HC Deb 20 July 2000 vol 354 cc313-4W
Mr. Love

To ask the Chancellor of the Exchequer if he will publish the timetable for implementation of the Financial Services and Markets Act 2000; and if he will make a statement. [131530]

Table 2.4: Changes in the surplus on current budget and net borrowing since Budget 991
£ billion
Outturn2 Estimate Projections
1998–99 1999–2000 2000–01 2001–02 2002–03 2003–04 2004–05
Surplus on current budget1,3
Budget 99 4.1 2 4 8 9 11
Effect of revision/forecasting changes 3.1 7 8 6 4 1
Effect of policy measures -1 -1 -1 -1
PBR99 7.2 9.5 11 13 13 12 11
Effect of revision/forecasting changes 0.3 7.5 6 11 10 8 9
Effect of policy measures -3 -9 -10 -12 -12
Net borrowing1,3
Budget 99 -1.0 3 3 1 3 4
Effect of revision/forecasting changes -1.5 -6 -7 -5 -3 0
Effect of policy measures 1 1 1 1
PBR99 -2.5 -3.5 -3 -3 1 4 6
Effect of revision/forecasting changes -0.3 -8.4 -6 -13 -10 -8 -9
Effect of policy measures 4 12 13 16 16
Budget 2000 -2.8 -11.9 -6 -5 3 1113
1 Excluding windfall tax receipts and associated spending
2 The 1998–99 figures were estimates in Budget 99
3 Figures may not sum due to rounding

Miss Melanie Johnson

I refer my hon. Friend to my answer of 18 July 2000,Official Report, column 109W.