What she did not say was that shortly after the Finance Bill became law, the Government would use the flexibility of the fiscal rules to abandon them altogether before they were comprehensively shattered by the growing Crisis in the Public Finances That will be this Administration's legacy.

It ill behoves some Opposition Members to have leapt on the moral high horse after not dealing with this matter for so long and leaving us with the Crisis in Public Finances That makes it so difficult to deal with.