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Speech in Lords Chamber - Thu 04 Dec 2025
Autumn Budget 2025

"My Lords, it is a pleasure to close this debate on the Budget this evening. I have enjoyed listening to all 73 contributions from noble Lords today. I congratulate the right reverend Prelate the Bishop of Portsmouth on his excellent maiden speech. I very much look forward to his further …..."
Lord Livermore - View Speech

View all Lord Livermore (Lab - Life peer) contributions to the debate on: Autumn Budget 2025

Speech in Lords Chamber - Thu 04 Dec 2025
Autumn Budget 2025

"My Lords, it is a privilege to open this Budget debate in your Lordships’ House, and to speak alongside so many distinguished and expert noble Lords. I look forward to listening to, and learning from, all the contributions today. We should perhaps spare a thought for the noble Lord, Lord …..."
Lord Livermore - View Speech

View all Lord Livermore (Lab - Life peer) contributions to the debate on: Autumn Budget 2025

Speech in Lords Chamber - Thu 04 Dec 2025
Autumn Budget 2025

"That this House takes note of the Autumn Budget 2025...."
Lord Livermore - View Speech

View all Lord Livermore (Lab - Life peer) contributions to the debate on: Autumn Budget 2025

Speech in Lords Chamber - Mon 01 Dec 2025
OBR Forecasts

"I am grateful to my noble friend for the points and questions he raises. I had the great privilege of working with him in the Treasury at a time when Richard Hughes was working for us, so we both know the commitment that Richard Hughes has to public service.

My …..."

Lord Livermore - View Speech

View all Lord Livermore (Lab - Life peer) contributions to the debate on: OBR Forecasts

Speech in Lords Chamber - Mon 01 Dec 2025
OBR Forecasts

"I am grateful to the noble Earl for pointing out my message discipline at this Dispatch Box. I am proud to have mentioned that £22 billion black hole over 50 times. The two noble Lords sitting next to each other are the other two Members of this House who have …..."
Lord Livermore - View Speech

View all Lord Livermore (Lab - Life peer) contributions to the debate on: OBR Forecasts

Speech in Lords Chamber - Mon 01 Dec 2025
OBR Forecasts

"I have some sympathy for the premise behind the noble Baroness’s question. That is why it is important that in this Budget we rebuilt headroom. The Chancellor said at the start of this process, in her speech on 4 November, that she wanted to build greater resilience against global shocks …..."
Lord Livermore - View Speech

View all Lord Livermore (Lab - Life peer) contributions to the debate on: OBR Forecasts

Speech in Lords Chamber - Mon 01 Dec 2025
OBR Forecasts

"I definitely agree with the middle part of the noble Lord’s question on the importance of fiscal responsibility to securing the objectives that we want to see. The best way to provide more money for public services is to reduce the amount we are paying on debt interest; fiscal responsibility …..."
Lord Livermore - View Speech

View all Lord Livermore (Lab - Life peer) contributions to the debate on: OBR Forecasts

Speech in Lords Chamber - Mon 01 Dec 2025
OBR Forecasts

"I am grateful for that question. The noble and right reverend Lord quite rightly says that the Chancellor was very clear that the productivity review would mean lower tax receipts, and the OBR confirmed that they are £16 billion lower. The OBR’s productivity review lays bare the economic consequences of …..."
Lord Livermore - View Speech

View all Lord Livermore (Lab - Life peer) contributions to the debate on: OBR Forecasts

Speech in Lords Chamber - Mon 01 Dec 2025
OBR Forecasts

"The Chancellor was not going to set out the entire Budget in advance. She set out the Budget on Budget Day. As I have said before, what she did before the Budget and at the time of the Budget were entirely consistent. She set out her priorities and then delivered …..."
Lord Livermore - View Speech

View all Lord Livermore (Lab - Life peer) contributions to the debate on: OBR Forecasts

Speech in Lords Chamber - Mon 01 Dec 2025
OBR Forecasts

"I am grateful to my noble friend, and I agree with him that this was a very serious breach of highly sensitive information—a fundamental breach of the OBR’s responsibility—and it should never have happened. On the IP address, I do not believe that it has yet been discovered, but ongoing …..."
Lord Livermore - View Speech

View all Lord Livermore (Lab - Life peer) contributions to the debate on: OBR Forecasts