In his speech, the Chancellor said that this year's borrowing would be £78 billion, but the Budget book tells us that central Government need to borrow £153 billion this year—£93 billion more than at the Budget forecast. As he believes in transparency, why did he leave out so much of the borrowing?
Pre-Budget Report
Proceeding contribution from
John Redwood
(Conservative)
in the House of Commons on Monday, 24 November 2008.
It occurred during Ministerial statement on Pre-Budget Report.
Type
Proceeding contribution
Reference
483 c518
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-15 23:20:30 +0000
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