Brexit: Preparations - Statement

Part of the debate – in the House of Lords at 3:55 pm on 8th October 2019.

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Photo of Lord Callanan Lord Callanan Minister of State (Department for Exiting the European Union) 3:55 pm, 8th October 2019

This is an area that we shall have to look at if there is a fiscal event organised by the Chancellor later this year. The economy, however, is in great shape: we have unemployment levels that the Labour Party would have been proud of if it had been in office, the lowest unemployment for 40 years and the strongest level of growth over the past few years—even since the referendum result that Labour was always telling us would be such a disaster. Many European countries would give their hind teeth for the UK’s economic performance and unemployment levels.