Leaving the EU: Economic Analysis Debate

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Department: HM Treasury

Leaving the EU: Economic Analysis

Phil Wilson Excerpts
Wednesday 28th November 2018

(6 years ago)

Commons Chamber
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Mel Stride Portrait Mel Stride
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We will of course come forward with further information about the policies that we intend to pursue in the area that the hon. Lady raises, but I point her to the fact that within the analysis being presented today, there is of course an analysis on both a “no net migration” basis between ourselves and those based in the European economic area, compared with the free movement that we have today. So that is actually factored into the analysis that we are reviewing now.

Phil Wilson Portrait Phil Wilson (Sedgefield) (Lab)
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The Chancellor admitted this morning that any Brexit deal will make the British economy and the British people worse off. Does the Minister agree with him?

Mel Stride Portrait Mel Stride
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What matters now is that we support this deal, to support the economy. The analysis clearly shows that compared with the other options, particularly no deal, it is by far preferable, in terms of the economics and the impact on the economy, to support this deal.