Spending Round 2019

Part of the debate – in the House of Commons at 1:43 pm on 4th September 2019.

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Photo of Edward Davey Edward Davey Liberal Democrat Spokesperson (Treasury), Liberal Democrat Spokesperson (Business, Energy and Industrial Strategy) 1:43 pm, 4th September 2019

I welcome the Chancellor to his post, but is it not the case that headteachers, chief constables and NHS managers simply cannot rely on his fancy figures if Britain crashes out of the EU?

The independent watchdog, the Office for Budget Responsibility, said just two months ago that a no-deal-Brexit would add £30 billion a year to public borrowing for the next four years. What insurance has the Chancellor taken out against that massive risk to his spending plans? Is this not just a con?