L

Lord Razzall (LD)

Speaking in the House of Lords on 1 December 2025

Debate

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Contribution

My Lords, I take very much on board what the Minister has said about the Chancellor’s announcement that she wanted to increase and improve the headroom. I have been thinking about why the one thing she did not disclose at the time was the extra tax receipts. I suspect the Minister will say he is not prepared to answer this, but I will ask him. Would he accept that it is quite difficult for any Chancellor of the Exchequer to increase headroom when the pressures come? If you are a Tory Chancellor, they come from everybody sitting over there who wants to reduce taxes; if you are a Labour Chancellor, they come from everybody over there who wants to improve public services. Would he accept the possibility that the reason the Chancellor kept this to herself was in order to be able to increase the headroom without those pressures?

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