Spending Review 2020 and OBR Forecast Debate

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Department: HM Treasury

Spending Review 2020 and OBR Forecast

Harriett Baldwin Excerpts
Wednesday 25th November 2020

(3 years, 5 months ago)

Commons Chamber
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Harriett Baldwin Portrait Harriett Baldwin (West Worcestershire) (Con)
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It is almost exactly a year since we launched our manifesto, and today’s sobering statement has laid bare the impact that the pandemic has had on the nation’s finances and the difficult choices the Chancellor is having to make. He has done well to keep manifesto pledges on track, but I feel I need to make it clear that I personally feel ashamed that the only manifesto pledge we are breaking today is our promise to the world’s poorest.

Rishi Sunak Portrait Rishi Sunak
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I know that this is a topic about which my hon. Friend feels passionately, and rightly so. As she will have heard me say, we do this with a heavy heart. It enables us to make progress on our other priorities, and it is indeed temporary. We intend to return to 0.7% when the fiscal circumstances allow.