Office for Budget Responsibility Debate

Full Debate: Read Full Debate
Department: HM Treasury

Office for Budget Responsibility

Clive Efford Excerpts
Monday 14th June 2010

(13 years, 11 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
George Osborne Portrait Mr Osborne
- Hansard - - - Excerpts

It was repeatedly opposed by Treasury Ministers when I proposed it. Indeed, one of the most vocal and eloquent opponents was the shadow Education Secretary—I know that the shadow Chancellor has not always got on with him—who put the arguments on why Labour was opposed. If the Labour party wants to change its mind, we are all ears.

Clive Efford Portrait Clive Efford (Eltham) (Lab)
- Hansard - -

What has the OBR had to say about predictions of levels of unemployment and how they differ from those predicted in the March Budget?

George Osborne Portrait Mr Osborne
- Hansard - - - Excerpts

For the first time, the OBR has published five-year projections of unemployment and employment. The projection for the coming year, for example, is that employment will fall and unemployment will rise—based, of course, on the pre-Budget measures.