Laurence Turner
Main Page: Laurence Turner (Labour - Birmingham Northfield)Department Debates - View all Laurence Turner's debates with the HM Treasury
Budget: Press Briefings
Laurence Turner Excerpts(1 day, 9 hours ago)
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Laurence Turner (Birmingham Northfield) (Lab)
The Minister said in his response that the Treasury and the OBR are exchanging information, but that did not happen in the period immediately before the last election, when spending pressures were withheld from the OBR in a way that the chair said may have broken the law. Will the Minister confirm that that failure is being corrected under this Government?
James Murray
I thank my hon. Friend for his question. He is right to point out that the process between the OBR and the Treasury has been strengthened to be more robust and transparent under this Government. Of course, it is an iterative process whereby the OBR shares its forecasts with us and we share with it our proposed measures. It iterates throughout the Budget process, culminating in the Budget itself on 26 November.