Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the possible effect of UK exit from the EU on the long-run rate of economic growth in (a) the UK and (b) London.

The Government has a clear mandate to improve Britain’s relationship with the rest of the EU, and to reform the EU so that it creates jobs and increases living standards for all its citizens. As the Chancellor of the Exchequer, my right hon. Friend the Member for Tatton (Mr Osborne) has noted, the best outcome for the UK economy is that we achieve major economic reform of the EU. The Prime Minister is focused on success: he believes he can and will succeed in reforming and renegotiating our relationship with the EU and campaigning to keep the UK in the EU on that basis.