Simon Hoare

Simon Hoare

Conservative — North Dorset

Speaking in the House of Commons on 1 December 2025

Debate

Office for Budget Responsibility Forecasts

Contribution

I think it should be recognised that events such as these allow Ministers and the wider Government to reflect on current circumstances. I am not seeking to scapegoat the OBR, but it is not the messiah—sometimes, it can be a very naughty boy—and it does have to revise its predictions at all times. Is it too traditional to suggest to this Government that the Treasury should be the office of budget responsibility, and that there are good brains in the Bank that could be tapped into? Is now not a good opportunity to reflect on what advice the Government need, whether the OBR is fit for purpose, and whether it should be disbanded?

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