Question to the HM Treasury:
To ask Her Majesty’s Government, further to the Written Answer by Lord Deighton on 28 July (WA 273), what is their estimate of the impact of European Union membership on United Kingdom employment.
The Government has made no assessment of the impact of European Union membership on United Kingdom employment.
As I noted in my response dated 28 July (WA 273) to Lord Grocott, the Treasury estimate that 3.3 million jobs in the UK may be related to exports to other European Union countries. This figure is based on the assumption that the share of UK employment associated with UK exports to the EU is equal to the share of output that is exported to the EU, making allowance for the composition of the UK economy.