[3rd Allotted Day]

Part of Business of the House – in the House of Commons at 11:51 am on 6th December 2018.

Alert me about debates like this

Photo of John Baron John Baron Conservative, Basildon and Billericay 11:51 am, 6th December 2018

I totally concur with what my right hon. Friend said about divided nations, but may I urge him to be cautious about relying too heavily on economic forecasts? We all remember the Treasury, the Bank of England and the International Monetary Fund predicting economic woe by Christmas 2016 if we voted to leave, with talk of 500,000 extra unemployed, a do-it-yourself economic disaster and so on. It got so bad that in the end the Bank of England had to publicly apologise for getting it so wrong. Can we just make sure we keep things in perspective with regard to these economic forecasts?