Spending Round 2019

Part of the debate – in the House of Commons at 1:43 pm on 4th September 2019.

Alert me about debates like this

Photo of Sajid Javid Sajid Javid The Chancellor of the Exchequer 1:43 pm, 4th September 2019

I welcome the scrutiny from the hon. Lady’s very important Committee. She might not have enough time, but there is a lot of detail in the book has been published alongside my statement today. She referred to a figure of 85% for the ratio of debt to GDP. I think the last Office for Budget Responsibility forecast in March had it at 82.2% and on a declining trajectory. On the changes to the fiscal rules, I have set out that I am looking at the fiscal rules in time for the Budget. There may well be changes, but I do not want to set out what they will be today, because we have not decided.