Retaining Enhanced Protection

Part of European Union (Withdrawal) Bill – in the House of Commons at 1:45 pm on 17th January 2018.

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Photo of John Redwood John Redwood Conservative, Wokingham 1:45 pm, 17th January 2018

My right hon. and learned Friend has not given us many numbers so far, and the one he has given us is wrong. We have actually had eight days in Committee and two days on Report, and we had an extensive debate on Second Reading in which many of these larger issues were strongly reviewed. We had very detailed short-term forecasts from the Treasury of what would happen in the year or so immediately after the vote if we voted to leave. We now know they were comprehensively wrong in forecasting a recession, a big rise in unemployment and a big fall in house prices. Why were they so wrong, and what has he learned from that?