Chris Coghlan

Chris Coghlan

Liberal Democrat — Dorking and Horley

Speaking in the House of Commons on 26 November 2025

Debate

Budget Resolutions

Contribution

I thank the hon. Member for giving way. She is a colleague with me on the Treasury Committee. In terms of the Government delivering hope, a key part of the Government’s economic forecasting comes, of course, from the Office for Budget Responsibility. A lot of what has driven the Budget today is the £16 billion productivity downgrade by the OBR. We heard in the Treasury Committee that there was very little basis behind that productivity forecast in the first place and that it was based purely on UK productivity pre-2008 and not much real depth beyond that. Does she agree with me that the OBR has serious work to do to look at the robustness of its forecasts?

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