OBR: Resignation of Chair

Julian Lewis Excerpts

Wednesday 3rd December 2025 Commons Chamber

[James Murray]

The OBR’s report into the premature publication of its forecast found no evidence of hostile cyber-activity, but it looked at the spring forecast and identified what happened there. Concerningly, it identified that there had also been premature access to the forecast at that fiscal event. The report did not look further back at, for instance, the Chancellor’s first Budget last year or Budgets delivered by Conservative Chancellors under the previous Government. That is why it is so important that the Government take forward the report’s recommendation to conduct a forensic examination of potential premature access at previous fiscal events.

[Sir Julian Lewis (New Forest East) (Con)]

The Government seem to be keen to maximise the gravity of the OBR’s accidental leak while minimising the gravity of the Chancellor’s deliberate leaks. The Minister has twice frankly admitted not being aware of the case of Labour Chancellor Hugh Dalton, who resigned for inadvertently leaking to a journalist a single sentence of his 1947 Budget moments before it was due to be announced. Now that he has understood what actually happened then and that that was the paradigm case, does he think it holds any lessons or examples of conduct that the Chancellor ought to consider following?