Engagements

Part of Oral Answers to Questions — Prime Minister – in the House of Commons at 12:00 am on 16 July 1996.

Alert me about debates like this

Photo of Mr John Major Mr John Major , Huntingdon 12:00, 16 July 1996

If the right hon. Gentleman would look carefully at today's borrowing figures, he would see that they are entirely consistent with the economic forecast and that they confirm the excellent state of the economy—sustainable growth, low inflation and falling Government borrowing. As for comparatives, since 1979, average borrowing as a proportion of gross domestic product has been just under one half as much as under the previous Labour Government.