Public Expenditure

Treasury written question – answered at on 14 February 2011.

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Photo of Matthew Hancock Matthew Hancock Conservative, West Suffolk

To ask the Chancellor of the Exchequer pursuant to table 1.1 of the June 2010 Budget, what his most recent figures are for consolidation plans over the forecast period to 2014-15.

Photo of Danny Alexander Danny Alexander The Chief Secretary to the Treasury

The Government's latest total consolidation plans were set out in Table 1.1 of the June Budget 2010.

The table shows that the Government are undertaking £8.9 billion of consolidation in 2010-11, £41 billion in 2011-12, £66 billion in 2012-13, £90 billion in 2013-14 and £113 billion in 2014-15

The OBR will publish an updated forecast for the public finances at the 2011 Budget in March which will include the impact of consolidation.

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