Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, if he will publish the economic assessment that underpinned the Prime Minister's statement on 11 December 2017 that significant savings will be made as a result of the UK leaving the EU; and if he will publish the total value of those savings.

Since the government have ensured that the UK will only have to meet its share of commitments as and when they fall due, this ensures that the UK will not have to pay more, or sooner, than if it had remained a member of the EU. Under the settlement, we will pay two years’ worth of our net contributions, then a declining amount after 2020, when we can expect to see savings relative to ongoing contributions as a member state.

This is a significant saving relative to staying in the EU.