Economic Situation: Newport West

(asked on 17th March 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the potential effect on the local economy in Newport West constituency of the UK leaving the EU.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 25th March 2020

The UK wants a relationship with the EU based on friendly cooperation between sovereign equals, and centered on free trade. We are looking for a deal like those the EU has struck with countries such as Canada.

We recognise that leaving the EU will result in change - we are leaving the customs union and single market. But I can assure you of this Government’s commitment to spreading prosperity to every region and nation in the UK. Alongside the Government’s goals for British trade, we are levelling up opportunity across the UK, supporting enterprise, and investing in infrastructure and people, in all parts of the country.

We will continue to keep Parliament informed with appropriate analysis at appropriate times in a way that does not impede our ability to strike the best deal for the UK.

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