Office for Budget Responsibility Forecasts Debate

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Department: HM Treasury

Office for Budget Responsibility Forecasts

Graham Leadbitter Excerpts
Monday 1st December 2025

(1 day, 6 hours ago)

Commons Chamber
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James Murray Portrait James Murray
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As a Treasury Minister, I have obviously been involved in discussions with the Chancellor and the Prime Minister’s team throughout the Budget process. We developed these policies collectively to cut the cost of living, cut NHS waiting lists and cut Government borrowing.

Graham Leadbitter Portrait Graham Leadbitter (Moray West, Nairn and Strathspey) (SNP)
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The Prime Minister said this morning that politics is about choices. The Chancellor chose not to disclose the improved tax outlook from the OBR when she addressed the country on 4 November; the Chancellor chose to overstate the challenges with the public finances; the Chancellor chose to withhold the more positive forecasts from her Cabinet colleagues; and the Chancellor chose not to be here today to answer questions on her conduct in office. Does the Minister agree that the Chancellor’s position is untenable and that she should now choose to resign?

James Murray Portrait James Murray
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The Chancellor chose on 4 November to be up front with people about the challenges we face. At the Budget, she chose to cut the cost of living, cut NHS waiting lists and cut Government borrowing.