Economic Situation

(asked on 24th October 2017) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government whether they have changed their assessment of the economic impact on the UK of leaving the EU from that set out in the April 2016 document HM Treasury Analysis — the long term economic impact of EU membership and the alternatives.


Answered by
Lord Bates Portrait
Lord Bates
This question was answered on 6th November 2017

Government has undertaken a significant amount of work to assess the economic impacts of leaving the EU. This is part of our continued programme of rigorous and extensive analytical work on a range of scenarios on a sector by sector basis.

Our long-term analysis examined scenarios based on existing alternative models to EU membership. The Prime Minister has since ‎made clear however that the UK aims to agree an ambitious and comprehensive economic partnership with the EU that is of far greater scope and ambition than any existing free trade agreement

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