National Insurance: Partnerships Debate

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Department: HM Treasury

National Insurance: Partnerships

Baroness Wheatcroft Excerpts
Monday 10th November 2025

(1 month, 1 week ago)

Lords Chamber
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Lord Livermore Portrait Lord Livermore (Lab)
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Again, I think that that may be inviting me to speculate on the next Budget. I am not going to give a running commentary on the speculation there has been so far. The Chancellor will set out the Government’s tax policy at the forthcoming Budget.

Baroness Wheatcroft Portrait Baroness Wheatcroft (CB)
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My Lords, will the Minister accept that although he continues to tell us that he is conducting his responses in the normal way ahead of a Budget, it is not the normal way, ahead of a Budget, for the Chancellor to give a speech to a press conference which is simply about the Budget?

Lord Livermore Portrait Lord Livermore (Lab)
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The Chancellor is entirely at liberty to set out what she wants to set out at any given point. As I said, there has much speculation ahead of the Budget. I am not going to comment on the Budget. We will do things in the usual way. She has asked the OBR to produce a new forecast for the Budget. She will take decisions based on that forecast and set them out at the forthcoming Budget.