HC Deb 10 March 2003 vol 401 cc26-7W
Mr. Stephen O'Brien

To ask the Chancellor of the Exchequer pursuant to his answer of 24 February 2003,Official Report, column 222W, on tax revenue forecasts, what estimate he has made of the effect on public sector net borrowing (a) this year and (b) next year if GDP growth were 1 per cent. lower than assumed over the coming year. [102047]

Ruth Kelly

I refer the hon. Member to paragraph B17 of the 2002 Pre-Budget Report (Cm 5664), where the estimates are set out.

Mr. Stephen O'Brien

To ask the Chancellor of the Exchequer (1) what assessment he has made of the effect of lower than forecast manufacturing growth on total tax revenues; [102118]

(2) if he will make a statement on the strength of the growth of tax revenues. [102107]

Mr. Boateng

Consistent with the Code for Fiscal Stability, projections for the public finances, including tax revenues, will be set out in the Budget to be presented to the House on 9 April 2003.