Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how his Department measures the potential impact of the UK's withdrawal from the EU on the economy.

It is for the Office for Budget Responsibility to provide economic and fiscal forecasts. Global external factors, including Covid and Russia’s invasion of Ukraine, continue to put pressures on the UK economy. It is challenging to definitively disentangle the effect of these global factors from the longer-term impacts of EU exit on the UK economy and households.