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Public Sector: Borrowing

Asked by Dan NorrisIndependentTreasuryTabled Answered 1 July 2026UIN 13448

The question

To ask the Chancellor of the Exchequer, what recent discussions she has had with the Office for Budgetary Responsibility on public borrowing.

Answered by Torsten Bell

The Office for Budget Responsibility (OBR) is the government’s official forecaster responsible for assessing the UK economic and fiscal outlook. The OBR published its latest Economic and Fiscal Outlook in March providing an interim update on the economy and the public finances, in which public sector net borrowing is projected to fall in every year of the forecast.

The OBR publishes a log of substantive contact made between ministers, special advisers, private office and opposition MPs and the OBR on its website.

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