Written question asked by Paul Marsden (Labour) on Wednesday, 28 March 2001, in the House of Commons. It was due for an answer on Monday, 2 April 2001. It was answered by Andrew Smith (Labour) on Monday, 2 April 2001 on behalf of the Treasury.

Treasury

Question: To ask Mr Chancellor of the Exchequer, if he will make a statement on the forecasts his Department has made of the impact on the economy of reducing national public spending by specified increments over the next three years. - Includes figures.

Answer: Mr. Paul Marsden: To ask the Chancellor of the Exchequer if he will make a statement on the forecasts his Department has made of the impact on the economy of reducing national public spending by specified increments over the next three years. [156580] Mr. Andrew Smith: Forecasts for the UK economy were set out in Budget 2000, based on all relevant information including the Government's spending plans. Spending Review 2000 provided £43 billion extra resources for public services and infrastructure. Cuts to these affordable plans would harm key services as well as threatening the necessary renewal and modernisation of the country's capital stock.

Secondary information