(8 years, 3 months ago)
Commons ChamberThank you, Mr Deputy Speaker.
The hon. Member for Ilford South (Mike Gapes) should read today’s pamphlet, “The EU and You”, released by the Scottish Government, which explains in a considered and proper way why European Union membership is of benefit to Scotland. Not even the most rabid of the leave campaign could describe that pamphlet as anything resembling “Project Fear”. It makes a considered case for why EU membership benefits Scotland.
If the hon. Gentleman looks at the ICM poll for the UK today, he will see that the two sides are level in an online poll. In the ICM poll in Scotland, the margin is nearly 2:1 for remain. Given that even the hon. Gentleman will have noticed the diminishing fortunes of his party in Scotland and the rising fortunes of the SNP, does that not suggest that the campaign that we are conducting in Scotland is rather more successful in winning hearts and minds to the European cause than the campaign that is being conducted across the rest of the country?
A case in point is the release of the Treasury statistics on the economy yesterday—the expectations analysis. An expectations model is the ultimate GIGO model—garbage in, garbage out. The result is manufactured from the input to the model. The Treasury analysis suggests a 6% wipe-out of GDP from a Euro exit. No other credible forecaster is suggesting anything like that effect. Oxford Economics suggests 1.3% and the Hongkong and Shanghai Banking Corporation suggests 1.5%. The National Institute of Economic and Social Research, which uses the Treasury model, is suggesting 2.3%.
I agree with the point that the right hon. Gentleman is making about “Project Fear”. It is terribly counterproductive. However, we should always remember that those who are peddling “Project Fear” are broadly the same group of people who predicted doom and gloom if we did not join the euro, so they have form. There is one ray of hope. Lord Rose, leader of the remain campaign, has said that if we were to leave the EU, there would be better control of immigration for the sake of public services—
Order. No. Now we have to be serious with the House because Members want to get in. I have just mentioned the need for short interventions. Please do not abuse the Chair, because what you are doing is abusing colleagues on both sides and that is not good for anybody. I want to get as many people into the debate as possible and, ideally, I want to get everybody in.