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Lord Livermore (Lab)

Speaking in the House of Lords on 1 December 2025

Debate

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Contribution

The noble Baroness seems to know very well what went on behind closed doors and what the Prime Minister and Chancellor said to Ministers in various private meetings. I am afraid that I do not think that she does know what went on behind closed doors. As I have said already, on 4 November the Chancellor had £4.2 billion of headroom before those policy choices were accounted for, meaning that she would have a deficit of £2.7 billion before any additional headroom was built.

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