| Heading: |
Public Sector Debt |
| Question ID: |
1812444 |
| UIN: |
HL8424 |
| House: |
Lords |
| Date tabled: |
2025-06-12 |
| Asking Member ID: |
1796 |
| Asking Member display name: |
Lord Taylor of Warwick
|
| Asking Member handle: |
Lord_ofWarwick
|
| Asking Member Twitter reference: |
@Lord_ofWarwick
|
| Member interest: |
false |
| Question text: |
To ask His Majesty's Government what steps they are taking to limit the rise in public borrowing while maintaining a balanced budget, particularly in regard to debt interest payments and public sector spending commitments. |
| Is named day: |
false |
| Date of holding answer: |
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| Date answered: |
2025-06-26 |
| Date answer corrected: |
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| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
4559 |
| Answering Member display name: |
Lord Livermore
|
| Answering Member handle: |
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| Answering Member Twitter reference: |
Lord Livermore
|
| Correcting Member ID: |
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| Correcting Member display name: |
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| Correcting Member handle: |
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| Correcting Member Twitter reference: |
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| Answer text: |
The Government’s approach to borrowing is set out in its fiscal rules: to move the current budget into balance, so day-to-day spending is met by revenues, meaning that the Government will only borrow for investment, and to reduce net financial debt as a s... |
| Original answer text: |
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| Comparable answer text: |
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| Answering body ID: |
14 |
| Answering body name: |
Treasury |
| Tweeted: |
true |