Taxes Debate

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Department: HM Treasury
Tuesday 15th July 2025

(1 day, 19 hours ago)

Lords Chamber
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Asked by
Lord Booth Portrait Lord Booth
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To ask His Majesty’s Government whether they have any plans to raise taxes this year.

Lord Livermore Portrait The Financial Secretary to the Treasury (Lord Livermore) (Lab)
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My Lords, the OBR will produce a new forecast in the autumn for the annual Budget, and the Chancellor will take decisions based on that forecast. We will set out our fiscal plans at the Budget in the usual way.

Lord Booth Portrait Lord Booth (Con)
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I thank the Minister for his Answer, which is much as I expected. The Government recently had their first anniversary, which was marked by a series of U-turns. Will the noble Lord use his persuasive powers to ask his Treasury colleagues to get rid of the jobs tax, making one further U-turn?