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530662

registered interest
date	30/06/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Economic Situation
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what assessment he has made of the economic effect of the outcome of the EU referendum.
tabling member constituency	Carshalton and Wallington
tabling member printed	Tom Brake
uin	41530
answer	answer is ministerial correction date of answer 08/07/2016 answer text <p>While it is clear that we do now face a significant economic challenge as a result of the referendum decision, the UK economy is well placed to respond. Over the last six years we have taken a series of difficult, sometimes painful decisions in order to rebuild our economy.</p><p> </p><p>To minimise the risk to the economy in general, and make the decision work for the UK, we need to ensure that we resolve the economic uncertainty by working together to determine the model for our new relationship with the EU.</p><p> </p><p>Before the referendum campaign, the UK government published short-term and long-term assessments of the likely impact on the economy of the UK leaving the EU.</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 08/07/2016 11:22:53 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	151 label Biography information for Tom Brake

530663

registered interest
date	30/06/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Employment
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what assessment he has made on the potential effect on levels of employment of the UK leaving the EU.
tabling member constituency	Carshalton and Wallington
tabling member printed	Tom Brake
uin	41533
answer	answer is ministerial correction date of answer 08/07/2016 answer text <p>As the governor of the Bank of England said, the referendum result is as expected likely to lead to a significant negative shock for the British economy. Since the referendum there has been no new assessment of predicted levels of employment.</p><p> </p><p>Before the referendum campaign, the UK government published a short term assessment of predicted levels of employment of the UK leaving the EU.</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 08/07/2016 12:18:49 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	151 label Biography information for Tom Brake

530664

registered interest
date	30/06/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Cost of Living
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what estimate he has made on the potential effect of the outcome of the EU referendum on the cost of (a) household products, (b) food and (c) cars.
tabling member constituency	Carshalton and Wallington
tabling member printed	Tom Brake
uin	41531
answer	answer is ministerial correction date of answer 08/07/2016 answer text <p>As the governor of the Bank of England said, the referendum result is as expected likely to lead to a significant negative shock for the British economy. Since the referendum there has been no assessment of predicted inflation broken down by sector.</p><p> </p><p>The trade – weighted value of the pound sterling has fallen by 11.5% since June 23<sup>rd</sup>.</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 08/07/2016 11:23:48 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	151 label Biography information for Tom Brake

530665

registered interest
date	30/06/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Public Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what estimate the Government has made on the potential effect on government income of the UK leaving the EU.
tabling member constituency	Carshalton and Wallington
tabling member printed	Tom Brake
uin	41532
answer	answer is ministerial correction date of answer 08/07/2016 answer text <p>The Office for Budget Responsibility will produce a revised forecast for the UK public finances in the autumn, which will take account of the UK’s decision to leave the EU.</p><p> </p><p>Before the referendum campaign, the UK government published short term and long term economic forecasts of the potential effect on government income of the UK leaving the EU</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 08/07/2016 12:18:03 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	151 label Biography information for Tom Brake