Withdrawal from the EU Economic Impact 2023-03-21

2023-03-21

TAGS
Response quality

Questions & Answers

Q1 Partial Answer
Context
The Office for Budget Responsibility's report indicates that Brexit will shrink the UK economy by 4% and reduce trade by 15%. This question follows an initial assessment of the impact of withdrawal from the EU.
What recent assessment has his Department made of the impact of withdrawal from the EU on the economy? The Office for Budget Responsibility's report states that Brexit will shrink the UK economy by 4% and trade will go down by 15%. Is it time to admit that Brexit has caused irreparable harm?
The Government are focused on seizing opportunities provided by Brexit, including new freeports and trade deals. They have secured 71 new trade deals with non-EU countries and invested £8.6 million in Scotland's festival economy.
Assessment & feedback
Acknowledging the OBR's findings on economic impact of Brexit
Response accuracy
Q2 Partial Answer
Context
The Office for Budget Responsibility's report indicates that Brexit will shrink the UK economy by 4% and reduce trade by 15%. This question follows an initial assessment of the impact of withdrawal from the EU.
Last week, the OBR published its report stating that Brexit means a 4% shrinkage in the UK economy and a 15% decline in trade. Is it time to acknowledge the irreparable harm caused by Brexit?
The Government are focused on seizing opportunities provided by Brexit, including new freeports and trade deals. They have secured 71 new trade deals with non-EU countries and invested £8.6 million in Scotland's festival economy.
Assessment & feedback
Acknowledging the OBR's findings on economic impact of Brexit
Response accuracy
Q3 Partial Answer
Tulip Siddiq Lab
Hampstead and Highgate
Context
The Windsor agreement has been reached, providing an opportunity for a constructive working relationship with the European Union. The questioner seeks support for Labour's proposals on veterinary agreements and regulatory cooperation.
Now that the Windsor agreement has been reached, there is ample opportunity to have a constructive working relationship with the EU. May I ask whether the Minister will get behind Labour's proposals for a bespoke veterinary agreement and a memorandum of understanding on regulatory co-operation?
I urge the hon. Lady to get behind our trade and co-operation agreement, which is the world's largest zero-tariff, zero-quota deal.
Assessment & feedback
Supporting Labour's proposals for a veterinary agreement and memorandum of understanding on regulatory cooperation
Response accuracy