Fiscal Policy

Summary

To ask the Chancellor of the Exchequer, whether her Department has made as assessment of the potential impact on a) financial markets and b) borrowing rates of changing the horizon for fiscal rules from five years to ten.

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Timeline

1. 29 June 2026

   Written question

   To ask the Chancellor of the Exchequer, whether her Department has made as assessment of the potential impact on a) financial markets and b) borrowing rates of changing the horizon for fiscal rules from five years to ten.

   Source: Commons

2. 2 July 2026

   Answer

   The fiscal rules require the current budget to be in surplus and net financial debt to be falling as a share of the economy by the third year of the rolling forecast period.

   Source: Written answer

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• · Treasury · Answering body

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