Starmer Blames Watchdog as Fiscal Forecasts Leak Ahead of Budget

Diario As

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00:00Can I just say to a couple of you?

00:04Nobody wants this budget, Mr Speaker.

00:07With resignations, hostile briefings and leaks galore,

00:11even just in the last 10 minutes,

00:14an unprecedented leak of the OBR analysis.

00:18Mr Speaker, these leaks have been so serious

00:21that even the former chief economist of the Bank of England

00:24has said, and I quote,

00:25that Labour's fiscal fandango is the single biggest reason

00:30why growth has flatlined.

00:32Does the Prime Minister agree with Andy Haldane

00:34and does he have an explanation for this complete shambles?

00:38We all know the biggest shambles in living history,

00:41the Liz Truss budget.

00:45And what did she say?

00:47Did she say, I don't agree, this must be wrong?

00:49No, she said, I think Liz Truss is 100% right.

00:52100%.

00:53Not much room for flexibility.

00:56Not one thing was wrong with it, in her view.

00:59So we won't be taking lectures from her.

01:01Matters for the OBR are for the OBR.

01:03The Chancellor will set out the budget

01:04in just a few minutes' time.

01:08Mr Speaker, we're talking about the leaks.

01:11The Prime Minister doesn't seem to appreciate

01:13the impact of these budget leaks on the UK economy.

01:17Even the Chief Secretary to the Prime Minister

01:19has said this morning that the leaks were unacceptable.

01:21So will the Prime Minister launch an investigation

01:25into the budget leaks and punish those responsible?

01:28Yeah!

01:29Mr Speaker, it's literally about 25 minutes

01:32before the budget will be set out in Orwell.

01:35Where we'll take further decisions,

01:37the Chancellor will set it out.

01:38Go bear not!

01:39Mr Speaker, he talks about the decisions she's already taken.

01:43Go bear not!

01:44That sounds like a no, Mr Speaker.

01:46For a number of weeks, and yet again yesterday,

01:51there have been extensive briefings of the media

01:53on the government's fiscal policy and public finances.

01:58This disappointing trend in relation to budget briefings

02:01has been growing for a number of years

02:03under successive governments,

02:05but it appears to have reached an unprecedented high.

02:08Weeks ago, we told the Chancellor delivering a speech

02:12in Downing Street, setting the scene for the budget,

02:15as well as specific policy announcements

02:17being briefed out to the media

02:18in advance of today's financial statements.

02:21And just...

02:23I don't need any help.

02:26And just a moment ago,

02:28it seems the OBR analysis has also appeared online.

02:31This all falls short of standards that the House expects.

02:36The premature disclosure of the contents of the budget

02:39has always been regarded as a supreme discourtesy

02:43to this House

02:45and to all the democratically elected members,

02:48not to mention to Mr Speaker

02:50and to myself, the Chairman of Ways and Meath.

02:53The government's own ministerial code

02:55cannot be clearer,

02:57as set out in paragraph 9.1.

02:59When Parliament is in session,

03:01the most important announcements of government policy

03:04should be made in the first instance

03:06to Parliament.

03:09Madam Deputy Speaker,

03:12it is my understanding

03:13that the Office of Budget Responsibility's

03:15Economic and Financial Outlook

03:16was released on their website

03:18before this statement.

03:20This is deeply disappointing

03:22and a serious error on their part.

03:24The Office of Budget Responsibility

03:28have already made a statement

03:30taking full responsibility

03:32for their breach.

03:37Investments, not...

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