Autumn Forecast Debate

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Department: HM Treasury

Autumn Forecast

Lord Campbell-Savours Excerpts
Monday 29th November 2010

(13 years, 6 months ago)

Lords Chamber
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Lord Sassoon Portrait Lord Sassoon
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I, indeed, read some of the newspapers over the weekend with interest, but the forecasts have been handed over exactly in the way that the OBR suggested. My reading of the press was that they were making educated guesses because the forecasts of the OBR in respect of this year and next year have moved much in line with market forecasts. The press are always bound to speculate in contexts such as this one. Indeed, that is what they were doing.

Lord Campbell-Savours Portrait Lord Campbell-Savours
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My Lords, what did the noble Lord mean when he said “in principle” in regard to the question of the noble Lord, Lord Eatwell, which he did not answer?

Lord Sassoon Portrait Lord Sassoon
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My Lords, forgive me but which of the questions of the noble Lord, Lord Eatwell, are we talking about?