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Speech in Commons Chamber - Mon 01 Dec 2025
Office for Budget Responsibility Forecasts

"Like many other Members, I have been shocked by the early release of the OBR’s “Economic and fiscal outlook” report, as this kind of error risks compromising the integrity of the Budget process in moving markets. The evidence that has now emerged that this was not the first time that …..."
David Pinto-Duschinsky - View Speech

View all David Pinto-Duschinsky (Lab - Hendon) contributions to the debate on: Office for Budget Responsibility Forecasts

Written Question
Economic Growth
Tuesday 20th May 2025

Asked by: David Pinto-Duschinsky (Labour - Hendon)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of pension reforms on economic growth.

Answered by Torsten Bell - Parliamentary Secretary (HM Treasury)

The government is committed to reforming our pensions landscape to increase returns for savers and boost growth for Britain. This is a journey the industry is already on. Last week, 17 workplace pension providers signed the Mansion House Accord, pledging to invest 10% of their main default funds in private assets, such as infrastructure, by 2030. At least 5% will be for UK assets, which could unlock over £25bn of new UK investment in key sectors.