Pay

(asked on 4th January 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent assessment he has made of the potential effect of the EU withdrawal agreement on wage levels.


Answered by
John Glen Portrait
John Glen
This question was answered on 14th January 2019

The Government published its long-term economic analysis of EU Exit on 28 November 2018: https://www.gov.uk/government/publications/exiting-the-european-union-publications.

Tables 4.4 and 4.5 of the publication show the estimated long-term impact on real wages from changes to UK trade under different EU Exit scenarios. Changes to UK trade include different UK-EU trading relationships, and the modelled benefits of assumed new trade deals agreed between the UK and non-EU countries, assuming no other changes.

Reticulating Splines