Office for Budget Responsibility Forecasts Debate
Full Debate: Read Full DebateLaurence Turner
Main Page: Laurence Turner (Labour - Birmingham Northfield)Department Debates - View all Laurence Turner's debates with the HM Treasury
(1 day, 6 hours ago)
Commons ChamberI am sorry that the right hon. Lady does not welcome the fact that the Chancellor is in Wales today to promote investment in Wales, but I can point her to the fact that the decision to lift the two-child benefit cap will benefit children in Wales, that the money off energy bills will benefit people in Wales, and that the changes to the fiscal framework will benefit people in Wales. The decisions that this Government took will cut the cost of living and make sure that we cut Government borrowing, which will benefit people right across the UK.
Laurence Turner (Birmingham Northfield) (Lab)
The OBR is a valuable institution, and the “Economic and fiscal outlook” is by far the most important document that it produces. Today’s report makes it clear that the OBR’s IT infrastructure was a point of critical failure that should have been identified as far back as 2013. Does the Minister agree that the chair of the OBR now cannot credibly lead the investigatory and reconstruction work, and that he should resign?
Events are moving quickly, and I understand that the chair of the OBR has resigned. That is what I understand from messages passed to me.