Bobby Dean
Main Page: Bobby Dean (Liberal Democrat - Carshalton and Wallington)Department Debates - View all Bobby Dean's debates with the HM Treasury
Budget: Press Briefings
Bobby Dean Excerpts(1 day, 11 hours ago)
Commons ChamberRead Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
James Murray
My hon. Friend is right that I cannot speculate on the contents of the Budget, but I can thank his mother for her years of service to HMRC. I can also reassure her, him and the whole House that tackling tax avoidance and evasion and closing the tax gap is a top priority for the Government.
Bobby Dean (Carshalton and Wallington) (LD)
The Minister is right to point out that speculation ahead of a Budget is not abnormal, but we have had speculation throughout most of this year. I wonder whether he will accept that part of the reason for that is how the Chancellor has both constructed and applied her fiscal rules. She set them up, with good intentions—we do need fiscal rules in place—but left herself with minimal headroom in a pretty volatile global economy, which has driven speculation all year round about how she would fill the gaps that have emerged throughout the year. Does he think that was a mistake?
James Murray
The hon. Gentleman is right to point to the importance of fiscal headroom to ensure that public finances are resilient. That is exactly why the Chancellor set out that one of her priorities in the Budget, in meeting the iron-clad fiscal rules, is to ensure that we have more resilient public finances so that the Government are freer to act when the situation calls for it.