Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what modelling her Department has done on the potential impact of a UK–EU youth mobility scheme on (a) employment levels, (b) productivity, and (c) economic growth.
The Government has agreed that it will work towards the establishment of a balanced youth experience scheme with the EU, which will be good for the economy, good for growth and good for business.
The impact of a youth experience scheme will be appropriately analysed and will depend on the parameters that are ultimately agreed. We will not provide an assessment of the impacts while negotiations are ongoing.