Amendment of the Law

Part of the debate – in the House of Commons at 2:33 pm on 8th March 2017.

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Photo of Alison McGovern Alison McGovern Chair, Speaker's Advisory Committee on Works of Art 2:33 pm, 8th March 2017

The right hon. Gentleman says that we ought to get rid of forecasters in the OBR and the Bank of England if they get the forecasts wrong. Plenty of modellers and forecasters in the City of London got their forecasts wrong before the crash in 2008, but I am sure he does not believe that we should end the banking trade in the City of London.