Brexit: Sectoral Impact Assessments - Private Notice Question

Part of the debate – in the House of Lords at 11:37 am on 2nd November 2017.

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Photo of Lord Lawson of Blaby Lord Lawson of Blaby Conservative 11:37 am, 2nd November 2017

My Lords, I welcome my noble friend to his new responsibilities, which he is particularly well equipped to perform. I look forward to hearing a lot more from him in the weeks and months to come. Is not this all a lot of nonsense? We all know from the Treasury’s forecasts of the short-term impact of the Brexit decision that it does not have a clue—to put it politely. The longer-term impacts will depend overwhelmingly on what policies we put in place post Brexit when we are free to do so. That is true not only of the agricultural sector, for example, but of the whole of the rest of the economy. Since these policies have not yet been decided, is it not the case that this is a complete farce and that the Opposition are simply seeking to embarrass the Government—which is what Oppositions do—in the face of an international negotiation?