Economic Effect of No Deal

Part of Oral Answers to Questions — Treasury – in the House of Commons on 1st October 2019.

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Photo of Sajid Javid Sajid Javid The Chancellor of the Exchequer

We would prefer to leave with a deal, and we continue to work energetically and determinedly to get a better deal, but the Government are turbo charging their preparations to ensure we are ready to leave without a deal on 31 October. All necessary funds have been made available. The fundamentals of the British economy are strong: real wages are growing; employment is at a record high; and unemployment is at an historic low.