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Fiscal Responsibility Bill

I was going to come to that later in my speech, but given the number of interventions, I might not get there. The legislation requires explanation of key terms to be set out in the code for fiscal stability. The Chancellor has stated that that will be published in draft in advance of Committee to allow for scrutiny. All definitions and fiscal aggregates used in the Bill will be national statistics, produced by the independent ONS, using European and internationally accepted methodologies.