Budget: Press Briefings Debate

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Department: HM Treasury
Monday 17th November 2025

(1 day, 11 hours ago)

Commons Chamber
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James Murray Portrait James Murray
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In my role as Chief Secretary to the Treasury, I have met Ministers in the Scottish Government to discuss the fiscal situation. We have a fiscal forum every quarter, with representatives from the Scottish Government as well as from Wales and Northern Ireland, and that is the right way for us to have routine discussions about matters of shared interest.

Harriet Cross Portrait Harriet Cross (Gordon and Buchan) (Con)
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The Government have clearly lost control of this Budget process. While they have been flying kites, businesses across the UK have been sending up distress flares. The £40 billion of tax from them in the last Budget saw hiring down, confidence down and investments down, and we are now seeing the same again. If any business in this country went to find backing and made as many U-turns as this Government are producing, it would not have a chance of finding an investor, so how can any business across the country have confidence in this Government?

James Murray Portrait James Murray
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Businesses can have confidence in this Government because when we say we are going to stick to our fiscal rules, we mean it. When we say we are going to have more headroom to make our economy and our public finances more resilient, we mean it. And when we say we are going to get national debt down, we mean it—unlike the Conservatives when they were in government.