The Rt. Hon. Sir John Major KG CH

Prime Minister of Great Britain and Northern Ireland 1990-1997

Chief Secretary (1987-1989)

Mr Major’s Written Parliamentary Answer on the Public Sector Borrowing Requirement – 14 January 1988

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Below is the text of Mr Major’s written Parliamentary Answer on the Public Sector Borrowing Requirement on 14th January 1988.

Mr. John Marshall To ask the Chancellor of the Exchequer what is his latest estimate for the public sector borrowing requirement outturn in 1987–88.

Mr. Knapman To ask the Chancellor of the Exchequer what is his latest estimate for the public sector borrowing requirement outturn in 1987–88.

Mr. Major The Autumn Statement forecast was for a PSBR in 1987–88 of £1 billion.

Mr. John Greenway To ask the Chancellor of the Exchequer what is his latest estimate for the public sector borrowing requirement’s outturn in 1987–88.

Mr. Major I refer my hon. Friend to the answer I gave earlier today to my hon. Friend the Member for Hendon, South (Mr. Marshall).