James Murray

I am unclear whether the hon. Gentleman supports our £150 off energy bills and our extra £150 off for those 6 million households on the lowest income. That will benefit people right across the UK with the cost of living challenges they face. We know that that is what matters to people right across Britain. Instead of focusing on what this Budget means for people across Britain, we heard the shadow Chancellor’s comments on a motion that focuses so much on process. While I accept that process is very important, it has been covered extensively in recent weeks—indeed, most recently by the Chancellor in the Treasury Committee this morning—so let me put on record our response to the motion and to the comments that the shadow Chancellor made about process. Let me begin by again addressing the speech that the Chancellor made on 4 November. When the Chancellor addressed the country that morning, her purpose was simple: to give the British people an honest sense of the circumstances we were facing and the principles that would guide her as she took decisions at the Budget. She wanted to highlight the challenges that our country was facing and her priorities in the face of those challenges, and that is exactly what she did. Following the OBR’s review of productivity—the review of the impact of 14 years of the Conservatives being in power—the Chancellor knew that we faced a downgrade. To understand the scale of the impact, members of the Opposition need only to consult the Budget document. There, they will see that the OBR’s productivity review, which covered the Conservatives’ time in office, reduces “the amount of revenue the OBR expects the government to collect by around £16 billion in 2029-30.”