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<p>We would prefer to leave with a deal, and we will work in an energetic and determined
way to get that better deal.</p><p> </p><p>The fundamentals of the British economy
are strong – wages are growing at the fastest rate in over a decade, employment is
at a joint record high and the unemployment rate is at its lowest in over 40 years.</p><p>
</p><p> </p><p>The Government is turbocharging preparations to ensure we are ready
to leave with or without a deal on 31 October, and all necessary funds will be made
available. HM Treasury routinely monitors economic conditions and risks.</p><p> </p><p>Short-term
forecasting is undertaken by the Office for Budget Responsibility in line with its
statutory duty. In line with its remit, the OBR’s forecasts include the economic and
fiscal impact of government policy on EU exit where the effects can be quantified
with reasonable accuracy.</p><p> </p><p>The Bank of England also provided analysis
of the EU exit impacts on the UK economy consistent with its responsibilities on monetary
policy.</p>
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