Public Sector: Borrowing

(asked on 19th January 2016) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether (a) all and (b) part of the funding for universal technology schools count as public sector borrowing for the purposes of calculating the national debt.


Answered by
Greg Hands Portrait
Greg Hands
This question was answered on 22nd January 2016

The Department for Education provides capital funding to support the construction of new University Technical Colleges and allocates resource funding to support day to day running costs.


This funding impacts on public sector borrowing and public sector net debt in the same way as other central government spending.


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