Public Expenditure

(asked on 7th April 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 7 April 2025 to Question 43439 on Public Expenditure, the Answer of 26 March 2025 to Question 40157 on Public Expenditure and with reference to the Chief Secretary to the Treasury's statement to the House on 28 October 2024, Official Report, column 562, whether the Chief Secretary will correct the record.


Answered by
Darren Jones Portrait
Darren Jones
Chief Secretary to the Treasury
This question was answered on 22nd April 2025

The current budget was last in a sustained surplus between 1998-99 and 2001-02. The last financial year for which the current budget was in surplus was 2018-19, when there was a surplus of 0.0% of GDP.

This information is available in the public finances databank, published by the Office for Budget Responsibility: www.obr.uk/data/

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