Office for Budget Responsibility Forecasts Debate

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Department: HM Treasury

Office for Budget Responsibility Forecasts

Wendy Morton Excerpts
Monday 1st December 2025

(1 day, 6 hours ago)

Commons Chamber
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James Murray Portrait James Murray
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Not only is my hon. Friend an excellent advocate for tackling tax avoidance and evasion, but he is absolutely right to point to the fact that what is important for people across this country is that this Budget cuts the cost of living, cuts NHS waiting lists and cuts Government borrowing.

Wendy Morton Portrait Wendy Morton (Aldridge-Brownhills) (Con)
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It is deeply damaging and, dare I say, unprecedented that we find ourselves here today, listening to this statement about OBR forecasts, midway through the debate on the Budget. It raises more questions, not least because the Chancellor chose not to be here today to answer those questions. Why?

James Murray Portrait James Murray
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I do not know whether the right hon. Lady missed my explanation of where the Chancellor was, but I am pleased to announce to the House that the Chancellor is in Wales today, at the Wales investment summit. She is there following yesterday’s announcement of £1.4 billion of extra investment into Wales, and that is just the latest tranche of the £16 billion of new investment announced since the summit was launched.