Budget: Press Briefings Debate

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Department: HM Treasury

Budget: Press Briefings

Earl of Effingham Excerpts
Tuesday 18th November 2025

(1 day, 11 hours ago)

Lords Chamber
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Lord Livermore Portrait Lord Livermore (Lab)
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As a general principle, I always agree with my right honourable friend the Chancellor of the Exchequer. As I said already, I am not going to comment on the ongoing Budget process.

Earl of Effingham Portrait The Earl of Effingham (Con)
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My Lords, the Minister mentioned October 2022 in his previous response, so I ask him: is the yield on the 30-year UK government bond higher now than it was in October 2022?

Lord Livermore Portrait Lord Livermore (Lab)
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The noble Earl knows full well that I will not be commenting on the movements of bond markets.