designed to protect them from endless — designed to protect them from endless investigation and reinvestigation. why, sir, are you throwing — reinvestigation. why, sir, are you throwing those veterans to the wolfs, — throwing those veterans to the wolfs, to — throwing those veterans to the wolfs, to pander to sinn fein the member has _ wolfs, to pander to sinn fein the member has been here a long time. i don't _ member has been here a long time. i don't want _ member has been here a long time. i don't want it — member has been here a long time. i don't want it to — member has been here a long time. i don't want it to be _ member has been here a long time. i don't want it to be me. _ member has been here a long time. i don't want it to be me. please, - don't want it to be me. please, prime — don't want it to be me. please, prime minister. _ don't want it to be me. please, prime minister.— prime minister. i'm not. studio: _ prime minister. i'm not. studio: that _ prime minister. i'm not. studio: that was - prime minister. i'm not. studio: that was a - prime minister. i'm not. l studio: that was a rather prime minister. i'm not. - studio: that was a rather abrupt prime minister. i'm not. _ studio: that was a rather abrupt end to prime minister's question. there will be a handover. there it is none of the mp5 leaving. next we should have the budget.

it is evident to me they should be made _ it is evident to me they should be made in _ it is evident to me they should be made in this house in the first instance _ made in this house in the first instance. the principle is clearly and unambiguously set out in the ministerial code. the disclosure of the contents of the budget have always — the contents of the budget have always been regarded as a supreme discourtesy to this house and all of its democratically elected mps. not to mention mr speaker and the chairnran— to mention mr speaker and the chairman of ways and means... i really— chairman of ways and means... i really don't — chairman of ways and means... i really don't need any help. let me remind _ really don't need any help. let me remind the — really don't need any help. let me remind the treasury front bench that budget— remind the treasury front bench that

budget statements and ensuring resolutions are the most important ways and _ resolutions are the most important ways and means business of the house — ways and means business of the house i'm — ways and means business of the house. i'm disappointed by comments made _ house. i'm disappointed by comments made by— house. i'm disappointed by comments made by government spokespeople believing _ made by government spokespeople believing they can use president as an excuse — believing they can use president as an excuse i— believing they can use president as an excuse. i am telling them today that they— an excuse. i am telling them today that they are entirely wrong. mr speaker— that they are entirely wrong. mr speaker has always defended the undoubted right of this house, including — undoubted right of this house, including opposition parties, and backbenchers, all all sides of this house _ backbenchers, all all sides of this house to— backbenchers, all all sides of this house. to be the first to hear major public— house. to be the first to hear major public policy — house. to be the first to hear major public policy announcement on behalf of their— public policy announcement on behalf of their constituents. as chairman of their constituents. as chairman of ways and means i have a responsibility to oversee the house is consideration of the budget fairly— is consideration of the budget fairly and to ensure that members on all sides— fairly and to ensure that members on all sides of— fairly and to ensure that members on all sides of this house have adequate opportunity to hold the chancellor to account. finally, we collectively should all remember to respect _ collectively should all remember to respect the chair, respect our colleagues and to respect this

house — colleagues and to respect this house. now, before i callthe chancellor of the exchequer i am reminding — chancellor of the exchequer i am reminding honourable members that copies— reminding honourable members that copies of— reminding honourable members that copies of the budget resolutions will he _ copies of the budget resolutions will be available to them in members lobby— will be available to them in members lobby at _ will be available to them in members lobby at the end of the statement and of— lobby at the end of the statement and of course online, and i also remind — and of course online, and i also remind members that interventions are not— remind members that interventions are not taken during the chancellors statement _ are not taken during the chancellors statement nor during the rise of the teader— statement nor during the rise of the leader of— statement nor during the rise of the leader of the opposition nor during the leader— leader of the opposition nor during the leader of the lib dem. i call on the leader of the lib dem. i call on the chancellor of the exchequer. thank you. thank you madam deputy speaker. onjuly ltth the country voted for change. this government was given a mandate. to restore stability to our economy. and to begin a decade of national renewal.

to fix the foundations and deliver change. through responsible leadership in the national interest. that is our task. and i know that we can achieve it. my belief in britain burned brighter than ever and the prize on offer is immense. as my right honourable friend the prime minister said on monday, change must be felt. more pounds in people's pockets. an nhs that is there when you need it. an economy that is growing, creating wealth and opportunity for all. because that is the only way to improve living standards. and the only way to drive economic growth is to invest, invest, invest. there are no short

cuts and to deliver that investment we must restore economic stability and turn the page on the last ilt years. this not the first time that it has fall on the the labour party to rebuild britain. in 191t5... in 1945 it was the to rebuild britain. in 1945... in 1945 it was the labour party that rebuilt our country from the rubble of the second world war. in 1964, it was the labour party that rebuilt britain with the white heat of technology. and in 1997 it was the labour party that rebuilt our schools and hospitals. today, it falls to this labour party, to this labour government to rebuild britain

once again. and while this is the first budget in more than 14 years to be delivered by a labour chancellor, it is the first budget in our country's history to be delivered by a woman. i'm deeply proud to be britain's first ever female chancellor of the exchequer. to girl and young women every where, i say, let there be no ceiling on your ambition, your hopes, and your dreams. and along with the prize that i feel standing here today there is also a responsibility to pass on a fair irsociety and a —— fairer society and a stronger generation to the next generation of women. the party opposite failed our

country. their austerity broke our national health service. their brexit deal harmed british businesses. and their mini—budget left families paying t price with higher mortgages. the british people have inherited their failure, higher mortgages. the british people have inherited theirfailure, a black hole in the public finances, public services on their knees, a decade of low growth and the worst parliament on record for living standards. let me begin with the public finances. in july i standards. let me begin with the public finances. injuly i exposed a £22 billion black hole at the heart of the previous government's plans. a series of promises that they made but had no money to deliver. covered up but had no money to deliver. covered up from the british people, covered up up from the british people, covered up from the british people, covered up from this house. the treasury's

reserve set aside for genuine emergencies spent three times over just three months into the financial year. today, on top of the detailed document that i have provided to the housein document that i have provided to the house injuly, the government is publishing a line by line break down of the 22 billion black hole that we inherited. it shows hundreds of unfunded pressures on the public finances this year and into the future too. the office for budget responsibility have published their own review of the circumstances around the spring budget forecast. they say that the previous government and i quote, did not provide the obr with all the information to them. and had they

known about these undisclosed pressures, then their spring budget forecast for spending would have been and i quote, materially different. let me be clear, that means any comparison between today's forecast and the obr's march forecast and the obr's march forecast is false, because the party opposite hid the reality of their public spending plans. at the very same budget they made 10 billion of cuts to national insurance. it was the height of irresponsibility and they knew it. they had run out of road and called an election to avoid making difficult choices. 50 let me make this promise to the british people, neveragain make this promise to the british people, never again will we allow a government to play fast and loose

with the public finances. and never again will we allow a government to hide the true state of our public finances. that is why i can confirm we will implement in full the 10 recommendations from the office for budget responsibility�*s ree view. review. we have inherited broken public services. the british people can see and feel that in their riv day lives. nhs waiting lists at record levels. children in portacabins as school roofs crumble. trains that do not arrive. rivers filled with polluted waste. prisons overflowing and crimes that are not investigated and criminals who are

not punished. that is the country's inheritance from the party opposite. but they had no plan to improve our public services. and they had no prison to put our public finances on a stable footing. quite the opposite, since 2021 there have been no plans for departmental spending and their plans were on a plan for spending this year that we now know was wrong, because it did not take into account the £22 black hole. the previous government also failed to budget the costs that they knew would materialise. including funding for vital compensation schemes, for victims of two terrible injustices.

ijust mention respecting colleagues, the public are watching and they want to hear what the chancellor has to say. simmer down. i would suggest that members listen to this. because it includes funding for vital compensation schemes for victim of two terrible injustices. the infected blood scandal and the post office horizon scandal. the leader of the opposition rightly made an apology for the injustice of infected blood scandal on the behalf of the british state. but he did not budget for the costs of compensations. today for the first time we will provide specific funding to compensate those infected and those affected in full. with

£11.8 billion and i'm setting aside 1.8 billion to compensate victims of post office horizon scandal for the pain and injustice that they have suffered. the leadership campaign for the party opposite has been going on for over three months, but in all that time not one single apology for what in all that time not one single