Nick Timothy

Nick Timothy

Conservative — West Suffolk

Speaking in the House of Commons on 14 January 2025

Debate

UK-China Economic and Financial Dialogue

Contribution

I am slightly worried that investors will be watching this statement and wondering what planet the Chancellor is on. She just said that she is investing in transport infrastructure, but she is actually cutting transport capital budgets. She has previously said that she wants only one Budget a year, and the March statement is billed only as a fiscal forecast. Can she rule out any new tax rises or departmental spending cuts in the March statement, or will the fiscal forecast become an emergency Budget?

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