"In accordance with the charter for budget responsibility, the Office for Budget Responsibility (OBR) has today published its second fiscal risks report (FRR). The OBR published its first FRR in 2017, which the Government responded to in 2018 through the managing fiscal risks report (MFR). FRR 2019 fulfils the OBR’s …..." Lord Hammond of Runnymede - View Speech
"A meeting of the Economic and Financial Affairs Council (ECOFIN) was held in Brussels on 9 July 2019. The UK was represented by Mark Bowman (Director General, International Finance, HM Treasury). The Council discussed the following:
"A meeting of the Economic and Financial Affairs Council (ECOFIN) will be held in Brussels on 9 July 2019. The UK will be represented by Mark Bowman (Director General, International Finance, HM Treasury). The Council will discuss the following:
"I regularly discuss EU exit with the Secretary of State for Scotland and other members of the Cabinet. The Government remain committed to securing a deal that works for the entire United Kingdom...." Lord Hammond of Runnymede - View Speech
"I have consistently made the case and explained to this House that there is fiscal headroom within the current fiscal rules. If we have a smooth exit from the European Union through a transition that will remove the economic uncertainty that is hanging over our economy, it will then be …..." Lord Hammond of Runnymede - View Speech
"I announced at the spring statement that it is the Government’s intention to conduct a three-year spending review concluding this autumn, subject to a deal with the EU being completed. Departments are already commissioned to carry out the work necessary for such a spending review, but it will be for …..." Lord Hammond of Runnymede - View Speech
"As I have consistently said in this House, I do not believe that a no-deal exit would be in the interests of this country, and I will do everything I can to ensure that we avoid it, but an exit based on a negotiated deal that allows us to continue …..." Lord Hammond of Runnymede - View Speech
"Yes, my hon. Friend is exactly right. The Scottish economy would be far more adversely affected by a breach of trading relationships with the rest of the United Kingdom than it will by a breach in trading relationships with the European Union...." Lord Hammond of Runnymede - View Speech
"As the right hon. Gentleman would have heard me say if he had been in his place earlier, I announced in the spring statement that it is the Government’s intention to conduct a three-year spending review, concluding this autumn, subject to a deal with the EU being completed. He asks …..." Lord Hammond of Runnymede - View Speech
"I fear that the right hon. Gentleman is manifestly asking the wrong person that question. I literally cannot answer it. The purpose of a spending review is that such matters can be looked at in the round, and the responsible way to do a spending review is first to set …..." Lord Hammond of Runnymede - View Speech