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Department: HM Treasury

Clive Efford

Main Page: Clive Efford (Labour - Eltham and Chislehurst)

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On-the-Runs Scheme
Tuesday 27th January 2015

(9 years, 9 months ago)

Commons Chamber
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David Gauke Portrait Mr Gauke
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I completely agree with my hon. Friend, who is right to make that point. We need to go on and run an overall surplus, to ensure that our public finances are sustainable over the longer term.

Clive Efford Portrait Clive Efford (Eltham) (Lab)
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Is the Office for Budget Responsibility not right to say that stagnant wages have led to more borrowing? Is that not the key reason why the Government have missed their borrowing targets by more than £200 billion?

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