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Fiscal Policy

Asked by Ben Obese-JectyConservativeTreasuryTabled Answered 2 July 2026UIN 14024

The question

To ask the Chancellor of the Exchequer, whether her Department has made as assessment of the potential impact on a) financial markets and b) borrowing rates of changing the horizon for fiscal rules from five years to ten.

Answered by Torsten Bell

The fiscal rules require the current budget to be in surplus and net financial debt to be falling as a share of the economy by the third year of the rolling forecast period.

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