European Union (Notification of Withdrawal) Bill

Debate between Matthew Pennycook and Angela Eagle

Committee: 2nd sitting: House of Commons
Tuesday 7th February 2017 Commons Chamber

[Matthew Pennycook]

To be fair, I dealt with that earlier in my remarks when I said that the new clause is not an attempt to delay because we know that the Government have already carried out impact assessments. The idea that no impact assessments will be published throughout the course of the negotiations is farcical. We could have them up front, which would help to inform debate.

[Ms Angela Eagle]

Does my hon. Friend agree that if we had official Treasury impact assessments, rather than those done by people who are guessing, we would be able to have a proper debate about the kind of Brexit that is best for our country in difficult and rapidly changing times?

[Matthew Pennycook]

My hon. Friend expresses the new clause’s intent perfectly, and I agree with her 100%.

Reputable and well-regarded organisations such as the National Institute of Economic and Social Research and the IFS have published detailed analysis of the cost and benefits of future trading relations with the EU, as have other less reputable organisations. The quality of analysis that the Government and the Treasury are able to produce will match, if not surpass, that analysis, and hon. Members should be able to access it. More importantly, businesses across the country need to be able to see it, so that they can adequately plan for their futures.