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United Kingdom · Question · Written question

UIN 62907

Public Sector: Capital Investment

answeredUnited Kingdom· UK Parliament· EN

Introduced

13 October 2022

Last action

21 October 2022 · Answer

Status

Answered

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Discovery layer

Source updated

21 October 2022

Summary

To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential impact of increased borrowing costs on capital expenditure projects in (a) local government and (b) other public services.

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Timeline

  1. 13 October 2022

    Written question

    To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential impact of increased borrowing costs on capital expenditure projects in (a) local government and (b) other public services.

    Source: Commons

  2. 21 October 2022

    Answer

    The government will need to take difficult decisions on both spending and on tax in order to place the public finances on a sustainable footing. We have already reversed a number of tax reforms in order to ensure the country’s economic stability and show ...

    Source: Written answer

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