Budget: Press Briefings

Mel Stride Excerpts

Monday 17th November 2025 Commons Chamber

[Sir Mel Stride (Central Devon) (Con)]

(Urgent Question): To ask the Chancellor of the Exchequer if she will make a statement on briefings to the press about the contents of the Budget.

[The Chief Secretary to the Treasury (James Murray)]

Every Minister in this Government takes their obligations to this House very seriously. There has been much speculation, as is usual ahead of a Budget, but the Chancellor will come to this House on 26 November and deliver a Budget that will protect the NHS and public services. It will support growth and enable businesses to create jobs and innovate. It will support those struggling with the cost of living, protect families from high inflation and interest rates, and get debt falling, because the less we spend on debt interest, the more we can spend on the priorities of working people.

As you would rightly expect, Mr Speaker, I will not comment on individual measures today. The Chancellor has asked the Office for Budget Responsibility to produce a forecast. The OBR and the Treasury exchange information throughout the forecast process, which is the usual practice, established over many years. The Chancellor will take decisions based on that forecast, and we will set out our fiscal plans at the Budget next week in the usual way. The OBR is making an assessment of the productivity performance of the previous Government, and we will not allow the mistakes of the previous Government to determine our country’s future. The Budget next week will be guided by this Government’s values of fairness and opportunity, and will be focused entirely on the priorities of the British people.

Stability remains at the heart of our approach. By building more resilient public finances with the headroom to withstand global turbulence, we will give businesses the confidence to invest, and leave Government more free to act, when the situation calls for it. We will continue to meet our iron-clad fiscal rules, which allow the Government to invest in homes, transport, energy security and infrastructure. Taking this action means that we can continue to build strong foundations for our economy, because that is the route to securing Britain’s future.

[Sir Mel Stride]

Given that response, the right hon. Gentleman might try a bit of stand-up in his spare time. The process around the Budget is meant to be the most closely guarded secret in Government, but in recent weeks, we have barely been able to pick up a newspaper without reading a fresh report of the latest policy movements. On 6 November, The Times reported that the Chancellor had included increases in income tax rates in the measures sent to the OBR for scoring. Then, last Thursday, the Financial Times revealed that those proposals have now been removed from the Budget package.

The Chancellor and her officials may think this is a game that they are playing, but it has real-life consequences and impacts markets, as we saw on Friday. More than that, it shows utter contempt for this House. In this place, questions about the Budget are always met with the same answer: “Decisions on tax will be announced at the Budget”. That is right and proper, but it becomes hollow and absurd when those same matters are being openly reported in the national media daily. The Chancellor even delivered a pre-Budget address to the country—not in this House, but in the Downing Street press room.

Given that the Chancellor has chosen not to come to the House today, I will ask the Minister the following questions. Has the Chancellor or any Treasury Minister sanctioned any briefings to journalists on potential Budget tax measures or the contents of the OBR’s forecasts? Have any Treasury officials or special advisers conducted such briefings? Has the Chancellor or the permanent secretary launched an investigation into the source of the leaks, and can the Minister explain why the Chancellor seems to have confirmed that the OBR has downgraded its productivity forecasts before the Budget has even taken place?

Either the Chancellor has been knowingly allowing the Budget process to be briefed out, or serious unauthorised leaks have occurred from her Department. That has fuelled confusion and uncertainty, and disrespects this House.

[Mr Speaker]

Minister, it is not normal for a Budget to have been put in the press. This is the hokey-cokey Budget: one minute something is in, the next minute it is out. I am very worried. The previous Government also had to be reprimanded for leaking. It is not good policy. At one time, a Minister would have resigned if anything was released. This House should be sacrosanct, and all decisions should be heard here first. Please do pass on the message.