Mr Major’s Written Parliamentary Answer on Government Revenue – 27 October 1988

Below is the text of Mr Major’s written Parliamentary Answer on Government Revenue on 27th October 1988.

Mr. Chapman To ask the Chancellor of the Exchequer by how much his latest estimate of total Government revenue in 1988-89 differs from his Budget forecast.

Mr. Major Given the expectation of higher economic growth than previously forecast, it is likely that receipts will be higher in 1988-89 than forecast at Budget time. A new forecast of general Government receipts will be given in the autumn statement next month.