Office for Budget Responsibility Forecasts Debate

Full Debate: Read Full Debate
Department: HM Treasury

Office for Budget Responsibility Forecasts

Blake Stephenson Excerpts
Monday 1st December 2025

(1 day, 6 hours ago)

Commons Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
James Murray Portrait James Murray
- View Speech - Hansard - - - Excerpts

The Chancellor obviously spoke to Cabinet on the day of the Budget, as is the normal process, to let them know what was coming in the Budget later that day.

Blake Stephenson Portrait Blake Stephenson (Mid Bedfordshire) (Con)
- View Speech - Hansard - -

The Chief Secretary to the Treasury failed to answer a critical question raised by my right hon. Friend the shadow Chancellor and a similar question raised by the hon. Member for St Albans (Daisy Cooper), so I will ask the question in a slightly different way. Does the Minister agree that the FCA must urgently investigate whether conduct has fallen short of, in particular, part 7 of the Financial Services Act 2012 and article 12(1)(c) of the UK market abuse regulation, and does he agree that no stone should be left unturned in that investigation?

James Murray Portrait James Murray
- View Speech - Hansard - - - Excerpts

The Chancellor has now delivered her Budget, and the Office for Budget Responsibility has published its figures. We have been clear that we were focused on cutting the cost of living, cutting NHS waiting lists and cutting Government borrowing.