Economic Situation

HM Treasury written question – answered on 19th September 2017.

Alert me about debates like this

Photo of Jim Shannon Jim Shannon Shadow DUP Spokesperson (Human Rights), Shadow DUP Spokesperson (Health)

To ask Mr Chancellor of the Exchequer, what estimate his Department has made of the potential effect on the country's gross domestic product of the UK leaving the EU without a deal.

Photo of Stephen Barclay Stephen Barclay The Economic Secretary to the Treasury

Government has undertaken a significant amount of work to assess the economic impacts of leaving the EU. This is part of our continued programme of rigorous and extensive analytical work on a range of scenarios on a sector by sector basis.

All departments need to prepare not just for a negotiated settlement, but also for the no deal scenario. We are confident that we will secure a deal, but are prepared should there be no deal.

Does this answer the above question?

Yes1 person thinks so

No1 person thinks not

Would you like to ask a question like this yourself? Use our Freedom of Information site.