Kit Malthouse

Kit Malthouse

Conservative — North West Hampshire

Speaking in the House of Commons on 22 July 2024

Debate

Economy, Welfare and Public Services

Contribution

The Chancellor and I sat on the Treasury Committee together many years ago, and she will know from our time together that economics is as much art as it is science. Given that she is effectively giving a veto over economic policy to the OBR through this Bill, she must recognise that we need to understand what the people in the OBR believe, what their theories of economics are and what principles they attach themselves to. What further scrutiny of the chair of the OBR and the people doing the forecast will be available to this House, given that effectively they will be co-Chancellor with her during the next few years?

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