Leaving the EU: Economic Analysis

Chuka Umunna Excerpts

Tuesday 30th January 2018 Commons Chamber

[Mr Baker]

No, I am not able to name an accurate forecast. They are always wrong, and wrong for good reasons. [Interruption.] Members are chatting at me from a sedentary position. My long-standing views on the flaws in the epistemology of the social sciences and the consequences for econometrics are well set out in various forums, and I encourage Members to go and have a look at them. I am happy to recommend a reading list.

[Chuka Umunna (Streatham) (Lab)]

The Government are not protecting the interests of the British people but withholding information from them. The Minister keeps invoking the referendum, but of course that did not give us any indication of the form of Brexit that the public wish us to follow. Will he confirm that what the analysis shows is that the least worst option—staying in the single market and customs union—has been voluntarily taken off the table by the Prime Minister with no mandate whatsoever?

[Mr Baker]

I encourage Members to google the hon. Gentleman’s name on The Sun website. They will find a wonderful picture of him, during the referendum, standing next to a poster proclaiming that the leave campaign wanted to leave the single market. He made the point at the time—[Interruption.] He certainly did, and anyone can go and find it on The Sun website. The point was made at the time, and the public chose.

It would not be possible to honour the decision of the British people if we allow the European Union to set the UK’s tariffs and if we become people in a political purgatory of perpetual rule taking from the European Union without any democratic say. It is the desire of this Government that our country should continue to be a democracy. For that reason, we will leave the European economic area and the customs union.