UK Economy: Post-Referendum Assessment Debate

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Department: HM Treasury

UK Economy: Post-Referendum Assessment

Ronnie Cowan Excerpts
Monday 23rd May 2016

(8 years, 6 months ago)

Commons Chamber
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David Gauke Portrait Mr Gauke
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This scenario has been set out by means of perfectly normal, widely used techniques, and signed off by the leading economist in the field. We have made a number of assumptions that have been cautious, and have in no way sought to exaggerate the risks. I have to say to my hon. Friend that there is a real risk to the UK economy. This is not fearmongering, or scaremongering; it is simply setting out what the risks are to the British people—matters of which the British people should be aware when they vote on 23 June.

Ronnie Cowan Portrait Ronnie Cowan (Inverclyde) (SNP)
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Much as I am enjoying the Punch and Judy show in the Conservative party, may I remind the Minister that if both leave and remain continue to run negative campaigns, the most negative campaign will win? At a time when we should be engaging with the electorate of the United Kingdom, they will be turning off in their droves, and that does not serve democracy well.