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Proceeding contribution from Lord Eatwell (Labour) in the House of Lords on Wednesday, 1 December 2010. It occurred during Debate on bill and Committee proceeding on Budget Responsibility and National Audit Bill [HL].


Budget Responsibility and National Audit Bill [HL]

This is a tricky issue but the balance has been struck by a combination of the noble Lord, Lord Turnbull, and my noble friend Lord Myners. If the staff of the OBR is simply a rotating group of Treasury officials, the appearance of independence, which is so important to the OBR, will be endangered. We should remember especially the crucial independence of method set out in Clause 6(2). If it is a rotating group, it will carry with it the method that it brought from the Treasury. On the other hand, I recognise that we do not want to limit the career prospects of staff or the quality of staff; we want to get the best people we possibly can. The Government cannot be complacent about this. The OBR will undoubtedly be under close scrutiny and it will not do for it to allow employment to be a revolving door connected to the Treasury. It is up to the Government to come up with an answer. If they want the OBR to have independence, they will have to find a solution to the staffing problem. I am afraid I do not have it; if I did I would offer it. Given its independent role under Clause 6(2), it is clearly a problem. However, I entirely agree that we should not in any way endanger the career prospects or the quality of the staff of the OBR.


Secondary information

Type
Proceeding contribution
Reference
722 c198-9GC 
Session
2010-12
Chamber / Committee
House of Lords Grand Committee
Subjects
Audit Finance Fiscal policy Economic situation Economic policy Forecasts Public appointments Public expenditure Staff Public finance Public sector debt Treasury Treasury Committee Office for Budget Responsibility Chote, Robert
Legislation
Budget Responsibility and National Audit Bill (HL) 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk