Emergency Debate — Pre-Budget Report

Part of Points of Order – in the House of Commons at 2:24 pm on 26th November 2008.

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Photo of Richard Benyon Richard Benyon Opposition Whip (Commons) 2:24 pm, 26th November 2008

The hon. Gentleman will notice that page 200 of the pre-Budget Report contains a line that sounds fairly innocuous:

"The uncertainty surrounding economic prospects in turn implies greater than usual risks surrounding the public finance projections."

Does he agree that that is Treasury-speak for a very serious warning about the optimistic forecasts in relation to the length and depth of the recession that the Chancellor made on Monday?

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