BBCNEWS BBC News at One June 4, 2024 12:15:00
What the chancellor and premise that asking the house to agree goes beyond that. to impose a new target of 0.5% and to create entirely new criteria for ever returning to 0.7%. in effect, the chancellor is proposing a double lock against reverting to 0.7%. the written ministerial statement makes it clear britain will only go back to 0.7% when public debt is falling as a percentage and there is a current budget surplus. let me make this point and the prime minister can intervene, on the former point, the obr intervene, on the former point, the 0br does not predict public debt falling as a percen...