Brexit: Economic Analysis of Various Scenarios Debate
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Viscount Ridley
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Brexit: Economic Analysis of Various Scenarios
Viscount Ridley Excerpts(5 years, 11 months ago)
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Viscount Ridley (Con)
Is my noble friend at all concerned about what appears to be a circular argument in the analysis of the Treasury, in which it assumes its own conclusions? Essentially, it says that if there are no gains from separating from the EU, there will be net losses from that separation in proportion to the degree to which we separate.
Lord Bates
This is not Treasury analysis; it is government analysis. It has been drawn up in collaboration with departments such as BEIS, Defra and DExEU, which have had a significant input. We believe that the analysis supports the case for backing the deal that has been presented to us.