The Economy

Part of the debate – in the House of Commons at 12:59 pm on 24th October 2019.

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Photo of Sajid Javid Sajid Javid The Chancellor of the Exchequer 12:59 pm, 24th October 2019

The hon. Lady was a fan of “Jackanory”; now I know why she joined the Labour party. It is all fitting into place.

On that point, some Members may point to the economic analysis, as the hon. Lady has, that was published by the Government in November of last year, but that document looks at the possible economic impact of a generic average free trade agreement; it does not represent the ambitious free trade agreement that we have agreed. We have agreed with the EU that both parties will have a deep, best-in-class free trade agreement that is far more ambitious on things like data exchange, tariffs, energy and financial services, and none of those benefits are captured in the Government’s previous modelling. So it is clear that what we need to do is this: end the dither and delay and move forward as a country.