Question to the HM Treasury:

To ask His Majesty's Government, further to the Chancellor of the Exchequer’s speech to the Confederation of British Industry Conference on 25 November 2024, whether it remains their policy that there will be no further tax rises or borrowing, beyond those in the Autumn Budget 2024.

As the Chancellor has said, the commitment to our fiscal rules is non-negotiable, and we will meet them at all times.

The Chancellor has asked the OBR to produce an economic and fiscal forecast on the 26 March. This will provide a clear assessment of our performance against the fiscal rules. We will not give a running commentary on economic developments.