Ben Obese-Jecty
Main Page: Ben Obese-Jecty (Conservative - Huntingdon)Department Debates - View all Ben Obese-Jecty's debates with the HM Treasury
Public Finances: Borrowing Costs
Ben Obese-Jecty Excerpts(1 day, 13 hours ago)
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Darren Jones
The Chancellor meets the Governor of the Bank of England on a regular basis and will continue to do so.
Ben Obese-Jecty (Huntingdon) (Con)
It has been widely reported that the Chancellor now faces a choice between raising taxes or cutting public spending if she is to stay within her non-negotiable fiscal rules. Given reports that she will now conduct group meetings with Ministers, rather than the less combative approach of one-to-one meetings conducted by the right hon. Gentleman, to discuss departmental cuts, it sounds as if Government spending is being dictated by the Ministers with the sharpest elbows. Can he reassure the House that there will not be any departmental cuts?
Darren Jones
I am pleased that the hon. Member can afford the subscription to Bloomberg News; I cannot, unfortunately, so I could not read the article to which he refers. He inadvertently asks me a question about the process of the spending review. [Interruption.] That was the question. We are embedding mission-led government, which is what the Prime Minister set out in his missions in his plan for change. That requires Departments to work together to make sure that they are absolutely focused on the delivery of the plan for change priorities, which is why the spending review is being done on a multilateral basis in a new way. I will be giving a speech on this issue in a couple of weeks’ time, and I will make sure that the hon. Gentleman gets an invitation.