Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Stephen Gethins Excerpts
Tuesday 21st May 2019

(5 years, 5 months ago)

Commons Chamber
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John Bercow Portrait Mr Speaker
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What an agreeable and benevolent fellow the Minister is. We are deeply obliged to him.

Stephen Gethins Portrait Stephen Gethins (North East Fife) (SNP)
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13. What recent assessment he has made of the economic effect on Scotland of the UK leaving the EU.

John Glen Portrait The Economic Secretary to the Treasury (John Glen)
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The Government published a detailed set of economic analyses on the long-term impacts of EU exit on the UK economy—its sectors, nations and regions, and the public finances—covering multiple EU exit scenarios. The analysis shows that the spectrum of outcomes for the future UK-EU relationship would deliver significantly higher economic output than in a no-deal scenario in all nations, including Scotland.

Stephen Gethins Portrait Stephen Gethins
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The Minister is right to highlight those analyses, which show that every single Brexit will be damaging to our economy and will hit public services. Coming after a decade of Tory austerity, will he rule out a no-deal Brexit and use the comprehensive spending review to start investing in our public services?

John Glen Portrait John Glen
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Clearly, the best way of avoiding a no-deal Brexit is to look favourably on what the Prime Minister brings back to the House of Commons in the week commencing 3 June.