James Murray

James Murray

Labour (Co-op) — Ealing North

Speaking in the House of Commons on 1 December 2025

Debate

Office for Budget Responsibility Forecasts

Contribution

As the Budget documents and as the EFO makes clear, the downgrade in productivity was real. That was a £16 billion hit to economic forecasts, and it was a challenge that we inherited as a result of what the right hon. Member’s Government did when they were in power. We took the right and necessary decisions to fix the public finances, making sure that we could do so without going down the route of uncontrolled borrowing—like his Government did—or the route of slashing public investment.

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