Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if his Department will make a comparative assessment of the cost of extending the date for the UK leaving the EU from 29 March 2019 to 30 December 2021.
We reached a fair financial settlement with the EU, honouring commitments we made during our period of membership, as set out in the draft Withdrawal Agreement in November 2018. As the Prime Minister said in her statement to Parliament, we do not want to see Article 50 extended. By far the best way forward is for Parliament to agree to leave with a deal when we bring the Meaningful Vote back. If Article 50 were to be extended, any adjustments to the financial settlement would be subject to future negotiations.