(2 weeks, 5 days ago)
Commons ChamberThe Chancellor has delivered a Budget that takes the challenges of this country head on, cuts the cost of living, continues to cut NHS waiting lists, cuts Government borrowing, and meets the priorities of the British people.
Rachel Blake (Cities of London and Westminster) (Lab/Co-op)
The OBR’s investigation has two particularly striking findings: the first was the number of attempts to access the documents in question; and the second was the lack of security for those documents. What specific actions does the Minister believe the OBR should take to overcome those things at future fiscal events? Does he agree it is possible to have confidence in the principle of an independent OBR alongside undertaking meaningful and significant scrutiny of some of the organisation’s actions?
I very much agree with the sentiment of my hon. Friend’s question. The OBR is a vital part of our fiscal framework—indeed, as I mentioned earlier, one of the first acts we took on entering government was to strengthen its role to ensure that it could never be sidelined. It is precisely because we see the OBR as holding such an important place in our fiscal framework that it is important that we maintain its integrity and trust.
My hon. Friend asks what further steps the OBR will take. We will work with the National Cyber Security Centre and the OBR to take forward the recommendation that a forensic examination of potential premature access at previous fiscal events is carried out. Let me add that there is no evidence of hostile cyber-activity, but the OBR report’s findings indicated access at previous fiscal events. That is a very serious matter that we will investigate.
(3 months, 1 week ago)
Commons ChamberAs was set out in the 10-year infrastructure strategy, £24 billion of capital funding between 2026-27 and 2029-30 has been allocated to National Highways, which is the organisation responsible for maintaining the M48 Severn bridge. The funding includes £1 billion to enhance local road networks and create a new structures fund, which will be used to repair a range of key local structures, such as bridges, flyovers and tunnels.
Rachel Blake (Cities of London and Westminster) (Lab/Co-op)
Constituents in Marylebone want to see improvements to the railway engines that go into Marylebone station. Does the Treasury agree that more work can be done to ensure that the overall investment in those trains is supported by the benefits that accrue across the whole line, all the way down to Aylesbury, as investment in those trains will make a big difference to growth along the whole track?
My hon. Friend is absolutely right to highlight the critical importance of investment in our railway infrastructure. We know that under the previous Government, we had chronic under-investment in the infrastructure across our country, and the railways bore the brunt of much of that neglect. We are determined to turn that around to ensure that we are investing in railway infrastructure to improve the quality of life for people and drive economic growth right across this country.
(9 months, 2 weeks ago)
Commons ChamberAs part of the reforms announced at the autumn Budget, we are modernising the system for people from overseas spending time in the UK with a new residence-based test. We are always looking at ways to encourage people from overseas to spend time in and invest in the UK and to help grow our economy.
Rachel Blake (Cities of London and Westminster) (Lab/Co-op)
I congratulate the Government on announcing the greatest level of financial sanctions last week. Does the Chancellor agree that keeping dirty money out of the City of London and homes and communities across our country is vital for our national security, as well as our economic stability?