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1127433
registered interest false more like this
date less than 2019-05-20more like thismore than 2019-05-20
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Brexit more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what their latest estimate is of the impact on GDP in each year between 2019 and 2033 of leaving the EU without a withdrawal agreement in place. more like this
tabling member printed
Lord Livermore more like this
uin HL15844 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-04more like thismore than 2019-06-04
answer text <p>The Government’s analysis on the economic effects of EU exit looks at the long-term impacts. Within their statutory mandates, the Bank of England and the OBR produce short-to-medium term forecasts for the UK economy which will reflect their independent judgements regarding the impact of leaving the EU.</p> more like this
answering member printed Lord Young of Cookham remove filter
question first answered
less than 2019-06-04T13:47:03.123Zmore like thismore than 2019-06-04T13:47:03.123Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
4559
label Biography information for Lord Livermore remove filter
1127435
registered interest false more like this
date less than 2019-05-20more like thismore than 2019-05-20
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Overseas Trade more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what estimate they have made of the impact on UK GDP from (1) leaving the EU's single market, and (2) negotiating a free trade agreement with the United States. more like this
tabling member printed
Lord Livermore more like this
uin HL15846 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-06-04more like thismore than 2019-06-04
answer text <p>The Government has published a detailed set of economic analyses on the long-term impacts of EU exit on the UK economy, its sectors, nations and regions and the public finances – covering multiple EU exit scenarios. The analysis finds that the spectrum of outcomes for the future UK-EU relationship would deliver significantly higher economic output than the no deal scenario.</p><p> </p><p>In keeping with the government’s ambitious free trade agenda, the analysis assumes that, in the long run, the UK secures agreements with a broad range of potential trading partners, including, but not limited to, the United States, Australia, New Zealand, and other members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. The analysis estimates that in the long run these trade agreements could increase UK GDP by up to 0.2 percentage points.</p><p> </p><p>The complete analysis can be found in the “EU Exit: Long-Term Economic Analysis” paper, which is available on the Gov.uk website in Exiting the European Union: Publications section.</p>
answering member printed Lord Young of Cookham remove filter
question first answered
less than 2019-06-04T13:47:30.783Zmore like thismore than 2019-06-04T13:47:30.783Z
answering member
57
label Biography information for Lord Young of Cookham more like this
tabling member
4559
label Biography information for Lord Livermore remove filter