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Lord Livermore (Lab)

Speaking in the House of Lords on 8 December 2025

Debate

OBR: Resignation of Chair

Contribution

The noble Baroness is right about the outcome of certain forecasts. As I have said before, we remain committed to the independence of the Office for Budget Responsibility and its role at the heart of economic and fiscal policy-making. As I said in an answer to one of my noble friends, there is evidence that a greater level of independence creates greater levels of economic stability, and that can only be a good thing.

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