Josh Fenton-Glynn
Main Page: Josh Fenton-Glynn (Labour - Calder Valley)Department Debates - View all Josh Fenton-Glynn's debates with the HM Treasury
(1 day, 7 hours ago)
Commons ChamberIn its spring statement, the OBR was clear that productivity was coming in lower than forecast, and it was clear that it was reviewing that over the summer. The numbers that the OBR has since published showed that in the final pre-measures forecast the fiscal headroom was just over £4 billion. I was clear in my speech on 4 November that I did not want to reduce the headroom; I wanted to increase it. I increased it to bring back the stability that is much needed in our economy after 14 years of Conservative government.
Josh Fenton-Glynn (Calder Valley) (Lab)
The child poverty strategy published last week sets out the steps that we are taking to support families now, as well as the building blocks that we are putting in place for the long term. We will lift 550,000 children out of poverty by removing the two-child limit and through other measures, including the expansion of free school meals.