Question to the HM Treasury:
To ask Her Majesty's Government what assessment they have made of the impact that a disorderly Brexit could have on the UK’s debt markets.
The government is seeking a smooth and orderly Brexit, with a deal, that protects our union, gives us control of our borders, laws and money, and means that we have an independent trade policy.
As part of its financial stability objective, the Bank of England’s Financial Policy Committee has undertaken analysis of the impact a disorderly Brexit would have on the financial system. The November 2018 Financial Stability Report and related stress tests show that under such a scenario, major UK banks would continue to meet credit demand from the real economy.