Claim: The deficit is down by nearly two thirds.
Fact-check: Is the deficit down by two thirds? - Full Fact
Verdict: this is correct, looking at the deficit as a proportion of gdp. between 2009/10 and 2015/16 public sector net borrowing decreased from 9.9% of gdp to 3.8%, or by around two thirds.
Organisation: Full Fact
Author: Claire Milne
Date published: 2017-04-19T00:00:00