Office for Budget Responsibility Forecasts

Iain Duncan Smith Excerpts

Monday 1st December 2025 Commons Chamber

[Sir Iain Duncan Smith (Chingford and Woodford Green) (Con)]

I have been here a few years and have seen the run to different Budgets. In line with the Chair of the Treasury Committee, the hon. Member for Hackney South and Shoreditch (Dame Meg Hillier), I have to say that this Budget has been utterly chaotic and appallingly dangerous. The reality is that the Minister said there was plenty of speculation in the media. It was not speculation; it was informed statements by the media of what they had been briefed from the Government. The Government know full well the damage that that has done to our reputation, and the unprecedented requirement of the OBR to publish its advice to them demonstrates the damage that they have done. Will the right hon. Gentleman come to the Dispatch Box in all decency and say, “The Government apologise for the mess that they have made”?

[James Murray]

I will come to the Dispatch Box and say that this Government take the Budget process and their responsibilities to this House incredibly seriously. As the permanent secretary has set out, he places the utmost weight on Budget security. As I have said to several hon. and right hon. Members, the permanent secretary will continue to keep all aspects under review to ensure the integrity of the Budget process.