Written question asked by Clive Efford (Labour) on Wednesday, 3 December 2025, in the House of Commons. It was due for an answer on Tuesday, 9 December 2025 (named day). It was answered by Lucy Rigby (Labour) on Tuesday, 9 December 2025 on behalf of the Treasury.
Public Sector: Borrowing
- Question
-
What steps she is taking to reduce Government borrowing.
- Answer
-
We need to address the UK’s borrowing and debt, so we spend less on debt interest and more on the priorities of working people.
The government has a credible consolidation plan that ensures borrowing is falling in every year of the forecast. Borrowing this year is set to be the lowest for 6 years.
The government is reducing borrowing while protecting investment, and is maintaining an increase of over £120 billion departmental capital spending over the Parliament.
From 2025 to 2030, the UK is reducing government borrowing more than any other G7 country.
Secondary information
- Type
- Written question
- Reference
- 906804
- Session
- 2024-26
- Question not reached
- Yes
- Subjects
- Borrowing Public sector
Librarians' tools
- Timestamp
- 2026-01-19 11:37:52 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-26/906804
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-26/906804
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-26/906804