(6 years, 10 months ago)
Commons ChamberAcross the Government, we are planning for all outcomes, including the unlikely scenario in which no mutually satisfactory agreement can be reached. Given the success that we have had in securing an agreement in the first phase of negotiations, we are confident that we will go on to reach a swift agreement on an implementation period and a mutually beneficial future partnership with the EU. We approach the negotiations anticipating success and a good deal for both the UK and the EU.
Given DExEU’s propensity to rubbish the Government’s own research, will the Minister commission the independent Office for Budget Responsibility to model the budgetary and economic impacts of the four departure options—World Trade Organisation rules, a Canada-style deal, the Government’s free trade agreement proposal and joining the European Free Trade Association—and then release this modelling to Parliament?
As my hon. Friend knows, the OBR’s responsibilities are set out in legislation, and we do not have any plans to change them. I am glad that she mentions EFTA. A number of colleagues have raised EFTA with me. It would be important to have a further debate on EFTA if she would like to table one, because I would like to hear from colleagues what problems they believe that EFTA would solve in relation to our relations with the European Union, given that Swiss bilaterals have been ruled out and we are looking for our own bilateral relationships. We do not propose to join the European Economic Area, which would be a bad deal for the UK.
(6 years, 10 months ago)
Commons ChamberThe right hon. Gentleman reminds me that I did not answer the other point of my right hon. Friend the Member for New Forest West (Sir Desmond Swayne). I have been to see “Darkest Hour” and the right hon. Member for Carshalton and Wallington (Tom Brake) does a good job of reminding me that some people do approach our current circumstances in an unnecessarily bleak spirit. I say to him once again that the economic analysis is clear that there is to be economic growth in all scenarios. I encourage him to go back to the report published by the Treasury Committee, on which I served, during the referendum campaign and look at the documented abuse of figures by the remain campaign. I urge him not to repeat that abuse of figures.
According to this analysis, the car manufacturing, chemical and food sectors, all of which are vital for my constituency, will clearly be adversely affected. Quite frankly, Minister, I take exception to being told that it is not in the national interest for me to see a report that would allow me to best represent my constituents. Parliament needs access to the best possible information on which to base our decisions.
I have great faith in my hon. Friend, and we of course appreciate the importance of cars, chemicals and food. As I said at the beginning of my response, when the time approaches for us to have a meaningful vote in Parliament, we will put appropriate economic analysis before both Houses to assist the choices that they make. However, we do not expect the European Union to publish all its analysis in a transparent manner, and we do not propose to go into the negotiations having revealed all our thinking.