Conduct of the Chancellor of the Exchequer Debate

Full Debate: Read Full Debate
Department: HM Treasury

Conduct of the Chancellor of the Exchequer

Louie French Excerpts
Wednesday 10th December 2025

(1 day, 22 hours ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
James Murray Portrait James Murray
- Hansard - - - Excerpts

The hon. Gentleman said he feels sorry for me—he needn’t. I am proud to be defending a Labour Budget in this Chamber. Frankly, I might repay the sympathies to him: I feel sorry for him to be stuck on the Opposition Benches, where I fear he may be for a long time.

The other point of process in the motion, to which the shadow Chancellor referred in his comments, is speculation ahead of the Budget. Let me start by addressing the premature publication of the “Economic and fiscal outlook”. We know that the EFO is a highly sensitive document, which is obviously not meant to be published until after the Chancellor has finished presenting the Budget to the House. The fact that it was accessed online before she began her Budget speech was a serious matter.

Louie French Portrait Mr Louie French (Old Bexley and Sidcup) (Con)
- Hansard - -

The Minister refers to the accidental or deliberate release of this information, but we know that on 14 November the press were briefed, clearly with incorrect information. Will he confirm to this House today who gave authority for that press briefing to go ahead, which misled not only the press, but the country?

James Murray Portrait James Murray
- Hansard - - - Excerpts

I think the hon. Gentleman is incorrect in what he said. He said that I may have implied the premature publication was deliberate; I certainly did not. It is none the less a serious matter, which is why we are responding to it with the commensurate seriousness that it deserves. We know that the OBR rightly took responsibility for this mistake, and soon afterwards—while we were discussing the matter at these Dispatch Boxes last Monday—its chair, Richard Hughes, resigned. That, of course, is a matter for Mr Hughes, and is his decision. The Chancellor wrote to him to thank him for his professionalism and dedication. Many Members and I have made clear our gratitude for his work as a public servant. Nonetheless, it was a serious breach, and the Government are acting with seriousness in response.