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Speech in Lords Chamber - Thu 27 Nov 2025
Budget: Small and Medium-sized Businesses

"The noble Lord was characteristically rude, but I will resist being rude back to him. There were very many measures—..."
Lord Livermore - View Speech

View all Lord Livermore (Lab - Life peer) contributions to the debate on: Budget: Small and Medium-sized Businesses

Speech in Lords Chamber - Thu 27 Nov 2025
Budget: Small and Medium-sized Businesses

"I am grateful to the noble Baroness for her question. No, I do not accept that the Budget is bad overall for growth and for SMEs. As I have said, the OBR has upgraded Britain’s growth forecast for this year from 1% to 1.5%. The noble Baroness’s policy of going …..."
Lord Livermore - View Speech

View all Lord Livermore (Lab - Life peer) contributions to the debate on: Budget: Small and Medium-sized Businesses

Speech in Lords Chamber - Thu 27 Nov 2025
Budget: Small and Medium-sized Businesses

"The noble Baroness is absolutely right about the importance of procurement to scale-up firms; I completely agree with her on that point. As part of the announcements that we made yesterday, we said that the Government will act as a better early customer to help UK firms prove commercial potential, …..."
Lord Livermore - View Speech

View all Lord Livermore (Lab - Life peer) contributions to the debate on: Budget: Small and Medium-sized Businesses

Speech in Lords Chamber - Tue 25 Nov 2025
Forthcoming Fiscal Changes

"As the noble Earl knows, alongside the Budget tomorrow, the Office for Budget Responsibility will set out the conclusions of its review of the supply side of the UK economy. I will not pre-empt those conclusions, but it is likely that the OBR will downgrade its historic assessment of the …..."
Lord Livermore - View Speech

View all Lord Livermore (Lab - Life peer) contributions to the debate on: Forthcoming Fiscal Changes

Speech in Lords Chamber - Tue 25 Nov 2025
Forthcoming Fiscal Changes

"I know that the noble Lord thinks that his question is terribly clever, but it is perfectly possible for the Government to have ongoing priorities and for there to be specific priorities for this Budget. Those two things are not in any way contradictory. He will see what we have …..."
Lord Livermore - View Speech

View all Lord Livermore (Lab - Life peer) contributions to the debate on: Forthcoming Fiscal Changes

Speech in Lords Chamber - Tue 25 Nov 2025
Forthcoming Fiscal Changes

"I am grateful to the noble Lord for that. As he knows, I am not going to comment on specific measures or any speculation ahead of the Budget. I have set out clearly what our priorities are for tomorrow’s Budget; he will just have to wait a few more hours …..."
Lord Livermore - View Speech

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Speech in Lords Chamber - Tue 25 Nov 2025
Forthcoming Fiscal Changes

"I 100% agree with my noble friend. Defence spending and growth go hand in hand. We will see far higher levels of growth in our economy as a result of the investment we are putting into our defence industry and increasing the security of our country...."
Lord Livermore - View Speech

View all Lord Livermore (Lab - Life peer) contributions to the debate on: Forthcoming Fiscal Changes

Speech in Lords Chamber - Tue 25 Nov 2025
Forthcoming Fiscal Changes

"I am most grateful to the noble Baroness for her question. As she knows, I am not going to comment on the ongoing Budget process, which will conclude tomorrow when the Chancellor delivers her Budget. She asked about growth. Growing the economy, and supporting businesses to create jobs and innovate, …..."
Lord Livermore - View Speech

View all Lord Livermore (Lab - Life peer) contributions to the debate on: Forthcoming Fiscal Changes

Speech in Lords Chamber - Tue 25 Nov 2025
Forthcoming Fiscal Changes

"My Lords, the Chancellor will deliver the Budget tomorrow. She has rightly been clear with the country about the challenges we face and the need to deliver stability in the public finances. The Budget will build more resilient public finances to withstand global turbulence. It will reduce inflationary pressure in …..."
Lord Livermore - View Speech

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Speech in Lords Chamber - Tue 25 Nov 2025
Forthcoming Fiscal Changes

"Why do we not just compare their records? Where the previous Government delivered the slowest projected growth in the G7, growth in the first half of this year was the fastest in the G7. Where they presided over the worst Parliament ever for living standards, living standards have increased by …..."
Lord Livermore - View Speech

View all Lord Livermore (Lab - Life peer) contributions to the debate on: Forthcoming Fiscal Changes