OBR: Public finance leaks in press were 'not helpful'

ODN

Office for Budget Responsibility member Professor David Miles tells the Treasury Select Committee that "misconceptions" appearing in the press before the Budget about the state of public finances was "not particularly helpful" to the OBR. Report by Ketchs. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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00:00There was lots of information appearing in the press which perhaps wouldn't normally be out there

00:07and that this wasn't, from our point of view, particularly helpful.

00:10Yes, well that's a fact, well a fact, you say that, but did anyone from the OBR raise it?

00:16I think it was clear that we didn't find this helpful, we made that clear.

00:20Can you tell us who you raised it with, the OBR raised it with?

00:23With Treasury officials you'll appreciate that we have regular meetings during the process of producing a call card.

00:28And when did you start raising those concerns?

00:32I think certainly during the lead up to the pre-measures forecast when there was speculation.

00:40Some of these misconceptions, as I've described them, were appearing in the press

00:45and we made it clear that they were not helpful and that we weren't in a position, of course, to put them right.

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