Adjournment (Whitsun)

Part of the debate – in the House of Commons at 2:54 pm on 26 May 2005.

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Photo of Andrew Love Andrew Love Labour, Edmonton 2:54, 26 May 2005

The reputation of my right hon. Friend the Chancellor is built on his fiscal rules. The sustainable investment rule, which deals with borrowing for investment rather than for current expenditure, is universally recognised to be very tight. Would not an increase in borrowing risk breaking that rule, and pose a challenge to the Chancellor's reputation?