Mike Wood

Mike Wood

Conservative — Kingswinford and South Staffordshire

Speaking in the House of Commons on 3 March 2026

Debate

Spring Forecast

Contribution

The Chancellor claimed to be cutting debt, but she will know that paragraph 5.9 of the OBR’s “Economic and fiscal outlook” says that “Public sector net borrowing is forecast to increase” public sector net debt “in each year, by an average of £92 billion”. To avoid misleading the House, will she correct the record?

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