Commons Sense

House of Commons · Ministers' Questions

Leaving the EU: Economic Impact

Tuesday 20 June 2023 · 3 questions

Summarised by AI from the official record, so it can contain mistakes.

At a glance

Answered 0 Partly answered 1 Not answered 0

Key points

  • The Minister referred to global economic challenges affecting the EU, including a mild recession in the eurozone.
  • The Minister suggested that the Scottish National Party should focus on its economic record and financial transparency issues.
  • The Minister highlighted positive economic outcomes such as record employment and low unemployment since Brexit.

Topics (select to filter)

Questions & Answers

Context

The UK's economic performance since the referendum and how Brexit specifically affects it compared to other global factors.

Question

What recent assessment has his Department made of the potential impact of withdrawal from the EU on the economy? The UK faces unique challenges due to Brexit while dealing with global issues like COVID-19 and Ukraine. According to the London School of Economics, customers have collectively paid nearly £7 billion extra in their food bills as a direct result of all the checks and frustrations that have come with Brexit.

Answer from Victoria Atkins

The Minister reminded the hon. Gentleman to look at what is happening in the rest of the EU, noting that the eurozone is suffering from mild recession due to global headwinds we all face. However, she highlighted recent growth upgrades from the Office for Budget Responsibility, the Bank of England and the OECD as positive indicators.

Partly answered

Not addressed: Acknowledged global challenges but did not address the specific economic impact of Brexit-related costs on customers' food bills or whether it hurts the UK economy.

How: Let Me Again Gently Remind The Hon. Gentleman To Look At What Is Happening In The Rest Of The Eu.

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Context

The UK faces unique challenges due to Brexit while dealing with global issues like COVID-19 and Ukraine. According to the London School of Economics, customers have collectively paid nearly £7 billion extra in their food bills as a direct result of all the checks and frustrations that have come with Brexit.

Question

Only the UK has to deal with Brexit. That is why, according to the London School of Economics, customers have collectively paid nearly £7 billion extra in their food bills as a direct result of all the checks and frustrations that have come with Brexit. Is the Minister honestly saying that it was a good idea, and that it has not hurt the UK economy?

Answer from Victoria Atkins

Let me again gently remind the hon. Gentleman to look at what is happening in the rest of the EU. For example, the eurozone is suffering from the effects of mild recession. All this is due to the global headwinds that we are all facing.

Not addressed: Did not address the question about food bill costs or whether it was a good idea.

How: Let Me Again Gently Remind The Hon. Gentleman To Look At What Is Happening In The Rest Of The Eu.

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Context

Record employment, low unemployment, good inward investment and trade deals despite predictions of negative economic impact.

Question

Does the Minister agree that, despite “Project Fear” forecasts, we have record employment, very low unemployment, good inward investment and trade deals in abundance? Perhaps the Scottish National party should focus on its poor record on the economy and indeed financial transparency, and get over the fact that we have left the EU.

Answer from Victoria Atkins

May I take this opportunity to congratulate my hon. Friend on his recent honour, which is extremely well deserved? He has made his point very succinctly. We have an exciting future ahead of us—we are already signing trade deals with non-EU countries, and we have a fantastic deal with the EU—and it is now up to us to make a real success of it.

Not addressed: Did not address whether he agrees with current economic performance or record employment and inward investment claims.

How: May I Take This Opportunity To Congratulate My Hon. Friend On His Recent Honour, Which Is Extremely Well Deserved?

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