PARLIAMENTARY WRITTEN QUESTION
Public Finance (26 May 2022)

Question Asked

To ask the Chancellor of the Exchequer, if his Department will place in the Library a revised forecast of the expected level of public sector net borrowing in the 2022-23 financial year, incorporating the impact of announcements made by the Chancellor to the House on 26 May 2022.

Asked by:
Pat McFadden (Labour)

Answer

The Chancellor will in due course commission a forecast from the Office for Budget Responsibility (OBR), as set out by the Charter for Budget Responsibility. The OBR will incorporate the impact of new policy in their next economic and fiscal forecast, including measures that have been announced since the last forecast event.
Answered by:
John Glen (Conservative)
6 June 2022

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