Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to Section 2.28 of the OBR’s Economic and Fiscal Outlook, what assessment she has made of the potential impact of a 15% decrease in the UK economy on public finances.

The growth mission is the central mission of the government. Through the growth mission, the government is restoring economic stability, increasing investment, and reforming the economy to drive up prosperity and living standards across the UK.

The government sets its fiscal policy on the basis of the official OBR forecast, which is a central case. The OBR confirms the government is on track to meet its fiscal rules.

To clarify, section 2.28 of the OBR's latest Economic and Fiscal Outlook refers to a pre-existing judgement that has been captured in their forecasts for many years.