Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent assessment he has made of the potential fiscal effect of the EU Withdrawal Agreement on the manufacturing sector.

The Government published its long-term economic analysis of EU Exit on 28 November 2018. The publication sets out the impact of different EU exit scenarios on Public Sector Net Borrowing (PSNB), which is a UK-wide metric.

The publication also contains an assessment of the economic impact of EU exit on different sectors. For example, the analysis shows that manufacturing sectors are estimated to have significantly higher output in the White Paper scenario than under no deal.