Public Borrowing

Part of Oral Answers to Questions — Treasury – in the House of Commons at 11:30 am on 15 July 2004.

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Photo of Gordon Brown Gordon Brown The Chancellor of the Exchequer 11:30, 15 July 2004

We are committed to no loss for the regions as a result of any changes, although they have not yet been decided in the structural funds. It is interesting, however, to hear a Conservative Member advocate more public spending by the Government. How does the hon. Lady square that policy with that of the shadow Chancellor, who wishes to cut spending on trade and industry and regional development, while also cutting spending on defence, law and order and international development? Perhaps the shadow Chancellor can tell us how he will add up his figures?