{"value":{"id":1753495,"askingMemberId":4818,"askingMember":null,"house":"Commons","memberHasInterest":false,"dateTabled":"2025-01-08T00:00:00","dateForAnswer":"2025-01-13T00:00:00","uin":"22709","questionText":"To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of increased borrowing costs on the UK's debt repayments.","answeringBodyId":14,"answeringBodyName":"Treasury","isWithdrawn":false,"isNamedDay":true,"groupedQuestions":[],"answerIsHolding":false,"answerIsCorrection":false,"answeringMemberId":4621,"answeringMember":null,"correctingMemberId":null,"correctingMember":null,"dateAnswered":"2025-01-13T00:00:00","answerText":"<p>The government does not comment on specific financial market movements. Gilt yields are determined by a wide range of international and domestic factors, and it is normal for the price and yields of gilts to vary when there are wider movements in global financial markets.</p><p> </p><p>The Chancellor has commissioned the Office for Budget Responsibility for an updated economic and fiscal forecast for the 26th of March, which will incorporate the latest data.</p>","originalAnswerText":"","comparableAnswerText":"","dateAnswerCorrected":null,"dateHoldingAnswer":null,"attachmentCount":0,"heading":"Public Sector Debt","attachments":[],"groupedQuestionsDates":[]},"links":[{"rel":"self","href":"/Questions/1753495","method":"GET"}]}