Question to the HM Treasury:

What recent assessment she has made of the impact of levels of borrowing on public finances.

Borrowing for the first four months of the financial year was £51.4bn, £4.7bn higher than the OBR forecast in March. This adds to the challenging fiscal position the government has inherited, with debt at its highest level since the 1960s. The Chancellor has commissioned a full economic and fiscal forecast from the Office for Budget Responsibility for the Budget on 30th October.