Public Sector Debt
The question
To ask the Chancellor of the Exchequer, if she will make a comparative assessment of the outturn and forecast data for public sector net (a) borrowing, (b) debt, excluding Bank of England debt, and (c) financial liabilities for each financial year from 2024-25 until 2029-30 (i) before and (ii) after 29 July 2024.
Answered by Darren Jones
The information requested is publicly available. Forecast data is published on the OBR’s website https://obr.uk/publications/. Outturn public finances data is published on the ONS website https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/publicsectorfinance.
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.
In March 2025, the Office for Budget Responsibility confirmed that the government is on track to meet its fiscal rules.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →