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1699276
registered interest false more like this
date less than 2024-03-27more like thismore than 2024-03-27
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Public Finance remove filter
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government whether any work is underway to prepare for a fiscal event outside of the usual Treasury timetable. more like this
tabling member printed
Lord Browne of Ladyton more like this
uin HL3659 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-04-08more like thismore than 2024-04-08
answer text <p>The Treasury develops policy throughout the year, in line with the Chancellor’s priorities and regardless of whether a date for a fiscal event has been announced.</p><p>The government is required by law to commission the Office for Budget Responsibility (OBR) to produce two forecasts per year and to hold a Budget each fiscal year.</p><p>The Chancellor has not announced the date of the next fiscal event.</p> more like this
answering member printed Baroness Vere of Norbiton more like this
question first answered
less than 2024-04-08T14:17:14.757Zmore like thismore than 2024-04-08T14:17:14.757Z
answering member
4580
label Biography information for Baroness Vere of Norbiton more like this
tabling member
620
label Biography information for Lord Browne of Ladyton more like this
1690363
registered interest false more like this
date less than 2024-02-20more like thismore than 2024-02-20
answering body
Leader of the House more like this
answering dept id 34 more like this
answering dept short name Leader of the House more like this
answering dept sort name Leader of the House more like this
hansard heading Public Finance remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Leader of the House, with reference to (a) her oral contribution on 11 January 2024, Official Report, columns 455-456 and (b) figures stated in the Office for Budget Responsibility’s Public finances databank – December 2023, published on 23 December 2023, on what evidential basis she stated that the Government has managed to have a balanced budget. more like this
tabling member constituency North Ayrshire and Arran more like this
tabling member printed
Patricia Gibson more like this
uin 14897 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-02-23more like thismore than 2024-02-23
answer text <p>I refer the Hon. Member to my remarks in response to her point or order on 31st January (Official Report, col. 898), and my responses during business questions on the 18th January (Official Report, col. 1039-40) and the 25th January (Official Report, col. 449).</p><p> </p> more like this
answering member constituency Portsmouth North more like this
answering member printed Penny Mordaunt more like this
grouped question UIN 14896 more like this
question first answered
less than 2024-02-23T09:00:38.467Zmore like thismore than 2024-02-23T09:00:38.467Z
answering member
4017
label Biography information for Penny Mordaunt more like this
tabling member
4435
label Biography information for Patricia Gibson more like this
1677577
registered interest false more like this
date less than 2023-12-12more like thismore than 2023-12-12
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Public Finance remove filter
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government what is their response to the Institute for Fiscal Studies' assessment that (1) the Autumn Statement has extended the squeeze on public service spending to 2028–29, (2) the growth outlook has weakened, and (3) inflation is expected to stay higher for longer. more like this
tabling member printed
Lord Hunt of Kings Heath more like this
uin HL1106 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-12-21more like thismore than 2023-12-21
answer text <p>Total departmental spending in the next Parliament will continue to grow above inflation. Taken together with the significant increase (3.2% a year on average in real terms) in total departmental spending over the current Parliament, this means that total departmental spending will be £85 billion higher in real terms by 2028-29 than at the start of this Parliament (2019-20).</p><p> </p><p>Earlier in the year many were predicting a recession, now the economy is growing in every year of the OBR forecast and the GDP level throughout the forecast is higher than forecast at Spring. The combined impact of Autumn Statement and Spring Budget policies are expected to permanently increase the size of the economy by 0.5% by the end of the forecast.</p><p> </p><p>Inflation has been more persistent than the OBR forecast at Spring Budget 2023. The OBR has judged that high energy costs since Putin’s illegal invasion of Ukraine have had a more significant impact on inflation than it previously thought. However, we have met the PM’s priority to halve inflation this year, with inflation falling to 3.9% in November. The OBR says that Autumn Statement policies do not ‘have a material impact on the path of inflation’, and they slightly reduce inflation in 2024-25.</p>
answering member printed Baroness Vere of Norbiton more like this
question first answered
less than 2023-12-21T14:33:41.727Zmore like thismore than 2023-12-21T14:33:41.727Z
answering member
4580
label Biography information for Baroness Vere of Norbiton more like this
tabling member
2024
label Biography information for Lord Hunt of Kings Heath more like this
1627120
registered interest false more like this
date less than 2023-05-11more like thismore than 2023-05-11
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Public Finance remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what steps he is taking to (a) reduce the national debt and (b) ensure value for money in public spending. more like this
tabling member constituency Romford more like this
tabling member printed
Andrew Rosindell more like this
uin 184600 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-05-18more like thismore than 2023-05-18
answer text <p>The government took decisive action to restore economic stability in the autumn and get debt falling. At Spring Budget, the OBR confirmed that the government will meet its fiscal rules; underlying debt as a share of GDP is on track to fall in 2027-28 and is lower in every year compared to the OBR’s November forecast.</p><p>To help ensure value for money in public spending the government launched an Efficiency and Savings Review at Autumn Statement 2022. Through the review, departments reprioritised and identified further efficiencies, building on the 5% efficiency challenge set at Spending Review 2021, to better deliver value for money for the taxpayer.</p><p>The government will continue to identify further ways to work more efficiently to ensure we can best deliver the outcomes that matter most to the public, even in a challenging economic environment.</p> more like this
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2023-05-18T11:02:50.88Zmore like thismore than 2023-05-18T11:02:50.88Z
answering member
4051
label Biography information for John Glen more like this
tabling member
1447
label Biography information for Andrew Rosindell more like this