Public Sector Debt: Budget October 2024
The question
To ask the Chancellor of the Exchequer, what the forecast level of (a) public sector net debt, (b) public sector net debt excluding Bank of England and (c) public sector net financial liabilities was at the time of the Autumn Budget 2024 in (i) cash terms, (ii) real terms and (iii) as a proportion of GDP on a (A) pre and (B) post measures basis in each financial year to 2029-30.
Answered by Darren Jones
At Autumn Budget 2024, the government put the public finances on a sustainable path by strengthening the fiscal framework, including announcing new fiscal rules, and taking difficult decisions on tax, welfare and spending.
The information requested is all published explicitly, or calculable from information published, in the AB24 Economic and Fiscal Outlook and the OBR’s Public Sector Finances aggregates databank , with the exception of the information related to public sector net debt excluding Bank of England on a pre-measures basis, which is not published by the OBR.
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