Leaving the EU: Economic Analysis

Matt Western Excerpts

Tuesday 30th January 2018 Commons Chamber

[Mr Baker]

I will make two points. First, as far as I recall, I have never been disparaging about civil servants with whom I have worked; it is quite the reverse. What I have been disparaging about is method in the economic sciences. That is quite different. Secondly, all the circumstances in this analysis predict growth. I refer the hon. Gentleman to the answer that I gave earlier, pointing out all the flaws in the predictions of the Bank of England. I ask him to start working out how he can play his part in leading this country forward with a spring in its step.

[Matt Western (Warwick and Leamington) (Lab)]

I refer the House to my declaration in the Register of Members’ Financial Interests. In the past week, Mark Carney and Jaguar Land Rover have blamed Brexit on the fall in growth and business respectively. For Jaguar Land Rover, this is resulting in prolonged shutdowns and declining production. This is happening now. Will the Minister accept the reality of what is happening and publish the Government’s analysis?

[Mr Baker]

I accept that Jaguar Land Rover does not sell as many cars as I should like it to. I consider it this Government’s duty to enter into trading arrangements with the whole world that facilitate the company’s complete success. I look forward to working to do just that with all the strength we can muster.