Leaving the EU: Economic Analysis

Emma Reynolds Excerpts
Tuesday 30th January 2018

(6 years, 5 months ago)

Commons Chamber
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Emma Reynolds Portrait Emma Reynolds (Wolverhampton North East) (Lab)
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We have learned today that the Government’s own analysis suggests that the economy will grow by less than 5% in the case of a UK-EU trade deal. That is people’s jobs and livelihoods. Will the Minister confirm that the Government’s negotiating position has been decided not on the basis of the economic evidence but on ideology alone?

Steve Baker Portrait Mr Baker
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Let us not pretend that there is no ideology among those who wish to remain in the European Union, even at the cost of overturning a democratic decision, remaining in the EEA and surrendering democratic control and power. The figure to which the hon. Lady referred is wrong—it is not as she stated—but I do not propose now to walk through what is in the analysis which, as I have said, is currently a provisional draft and is not yet Government policy.