Contributions
1,533 recent contributions in Hansard
HANSARDOBR: Resignation of ChairI am grateful to the noble Baroness. She raised her suggestion about the Swedish model before. I think I said then that I do not think that we had any intention of taking that…08 Dec 2025HANSARDOBR: Resignation of ChairI am not sure whether the noble Lord is saying that is his view or whether he thinks it should be the case. The Chancellor was aware of the letter that the OBR sent to the…08 Dec 2025HANSARDOBR: Resignation of ChairI am not aware of any academic studies into what my noble friend asks about. I had the privilege of working in the Treasury for 10 years before the OBR came into existence, and I…08 Dec 2025HANSARDOBR: Resignation of ChairOn the first question, the noble Lord is quite right to identify back-office systems as one of the issues identified by the report. He talks about systemic risk. We will look at…08 Dec 2025HANSARDOBR: Resignation of ChairAs I have said before, we take the Budget process extremely seriously and we put the utmost weight on Budget secrecy. A leak inquiry is now under way with the full support of the…08 Dec 2025HANSARDOBR: Resignation of ChairAs I have said before, we take the Budget process very seriously and we put the utmost weight on Budget secrecy.08 Dec 2025HANSARDOBR: Resignation of ChairThe noble Baroness is right about the outcome of certain forecasts. As I have said before, we remain committed to the independence of the Office for Budget Responsibility and its…08 Dec 2025HANSARDAutumn Budget 2025My 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…04 Dec 2025HANSARDAutumn Budget 2025My 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…04 Dec 2025HANSARDAutumn Budget 2025That this House takes note of the Autumn Budget 2025.04 Dec 2025HANSARDOBR ForecastsI am grateful to my noble friend for what he said. Obviously, I cannot comment on any specific market movements or lack thereof, but he is absolutely correct that no one at any…01 Dec 2025HANSARDOBR ForecastsI am grateful to the noble Lord for his kind words about me, and I am grateful that I have his full confidence. Do I agree with what he says about the Chancellor? It will not…01 Dec 2025HANSARDOBR ForecastsI 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…01 Dec 2025HANSARDOBR ForecastsI am very grateful to both noble Baronesses for their contributions and questions. The noble Baroness, Lady Neville-Rolfe, began by paying tribute to Richard Hughes, his actions…01 Dec 2025HANSARDOBR ForecastsI 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…01 Dec 2025HANSARDOBR ForecastsThe noble Baroness seems to know very well what went on behind closed doors and what the Prime Minister and Chancellor said to Ministers in various private meetings. I am afraid…01 Dec 2025HANSARDOBR ForecastsI 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…01 Dec 2025HANSARDOBR ForecastsMy Lords, with the leave of the House, I shall repeat a Statement on the OBR forecasting process made in the other place earlier today by my right honourable friend the Chief…01 Dec 2025HANSARDOBR ForecastsI am very grateful to my noble friend for reminding us that, at the end of the day, it is the substance of the Budget that matters. It is worth reminding ourselves what the Budget…01 Dec 2025HANSARDOBR ForecastsThe 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…01 Dec 2025