United Kingdom · Question · Written question
UIN 72487
Public Sector Debt
Original
Introduced
26 October 2022
Last action
3 November 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
3 November 2022
Summary
To ask the Chancellor of the Exchequer, what recent assessment he has made of the impact of rising (a) inflation and (b) refinancing costs on the cost of servicing Government debt.
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Timeline
26 October 2022
Written question
To ask the Chancellor of the Exchequer, what recent assessment he has made of the impact of rising (a) inflation and (b) refinancing costs on the cost of servicing Government debt.
Source: Commons
3 November 2022
Answer
Inflation has a range of impacts on the public finances and previous OBR forecasts have shown how inflation can increase spending on welfare and debt interest, as well as tax revenues. With respect to debt interest, the most recent OBR forecast in March p...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-10-26/72487
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1536352
- uk · wq-1536352 · source updated 3 November 2022