Investment

(asked on 1st April 2019) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government what assessment they have made of reports suggesting that Brexit may have cost the UK approximately 2.4 per cent of GDP due to a fall in investment.


Answered by
Lord Bates Portrait
Lord Bates
This question was answered on 15th April 2019

Despite the uncertainty around Brexit, the economy remains resilient. We are currently enjoying the longest unbroken quarterly growth streak of any G7 nation, employment is at a record high and regular wages are growing at their fastest pace in over a decade. The government's priority is to continue to press the case for an orderly Brexit that delivers on the result of the referendum and ends the uncertainty facing businesses and consumers.

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