QUOTES-What did UK's Reeves say in her budget speech?
LONDON, Nov 26 (Reuters) - British finance minister Rachel Reeves is delivering her annual budget on Wednesday, unveiling billions of pounds in tax increases.
Here are some of the main quotes from her speech to parliament:
ON OFFICE FOR BUDGET RESPONSIBILITY RELEASING OUTLOOK EARLY
"It is my understanding that the Office of Budget Responsibility's economic and financial outlook was released on their website before this statement. This is deeply disappointing and a serious error on their part. The Office of Budget Responsibility have already made a statement taking full responsibility for their breach."
ON TODAY'S BUDGET
"Today's budget builds on the choices we have made since last July: to cut NHS waiting lists, to cut the cost of living, and to cut the debt and borrowing. No doubt, we will face opposition again. But I have yet to see a credible, or a fairer alternative plan for working people."
NO RETURN TO AUSTERITY
"I said there would be no return to austerity, and I meant it. This Budget will maintain our investment in our economy and our National Health Service. I said I would cut the cost of living, and I meant it. This Budget will bring down inflation and provide immediate relief for families. I said that I would cut debt and borrowing, and I meant it."
BEAT FORECASTS
"We beat the forecasts this year and we will beat them again: Boosting trade, not blocking it. Increasing investment, not cutting it. Championing innovation, not stifling it. Backing working people, not making them poorer. Brick by brick we've been building growth in our economy. Building roads, building homes, Getting spades in the ground and cranes in the sky."
PRIVATE INVESTMENT IS 'LIFEBLOOD'
"Private investment is the lifeblood of economic growth but growth needs public investment too. When faced with challenges, previous chancellors have chosen to decrease, delay or cancel capital spending but low investment is the cause of our productivity problems, not the solution.
"So my choice is not cuts, not stagnation but to maintain the additional £120 billion of investment I provided at the spending review."
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