All 1 Debates between John Glen and Julie Elliott

Oral Answers to Questions

Debate between John Glen and Julie Elliott
Tuesday 11th December 2018

(5 years, 11 months ago)

Commons Chamber
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Julie Elliott Portrait Julie Elliott (Sunderland Central) (Lab)
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13. What assessment he has made of the fiscal effect of the EU withdrawal agreement on the manufacturing sector.

John Glen Portrait The Economic Secretary to the Treasury (John Glen)
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The Government have undertaken analysis to understand the impact of different EU exit scenarios on public sector net borrowing, which is a UK-wide metric, and we have published an assessment of the economic impact of EU exit on different sectors. For example, the analysis shows that manufacturing sectors are estimated to have a significantly higher output in the White Paper scenario than under the no-deal scenario.

Julie Elliott Portrait Julie Elliott
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I thank the Minister for that response, but is it not true that Office for National Statistics figures in the last few months have shown a 0.9% decline in manufacturing and a worrying 6.6% decline in the automotive sector? What are the Chancellor and the Minister doing to provide certainty to businesses in this area about the impact of this Government’s chaotic Brexit policy?

John Glen Portrait John Glen
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I am grateful for the hon. Lady’s question. The automotive issue is related to other factors, including diesel. The Government are focused on investing in infrastructure in the north-east. I think that she would be very pleased to know that since 2010, we have had 66,000 new jobs in the north-east as a consequence of more business growth.