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1125646

	registered interest
	date	09/05/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	UK Membership of EU
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what estimate he has made of the cost to the to the public purse in (a) gross and (b) net terms of the UK's extended membership of the EU to 31 October 2019; and what estimate he has made of the per diem cost of membership of the EU post 31 October 2019.
	tabling member constituency	Witham
	tabling member printed	Priti Patel
	uin	252543
	answer	answer is ministerial correction date of answer 14/05/2019 answer text <p>The settlement agreed with the EU represents a comprehensive settlement covering all of the mutual commitments between the EU and the UK. The OBR’s latest estimate is laid as part of the wider OBR Economic and Fiscal Outlook publication. The most recent estimate, £37.8bn, was published in the March 2019 Economic and Fiscal Outlook. This analysis assumes an exit date of 29 March 2019</p><p> </p><p>The European Council has agreed an extension to Article 50 to the end of October. During the extension, the UK will continue to be a member of the European Union. While we remain in the EU we will uphold our commitments on the EU Budget, adjusted for the rebate. Similarly, the EU continues to have legal obligations to us as a member state, including in respect of receipts from the EU budget. We will provide an updated estimate of the value of the financial settlement once the UK has left the EU.</p><p> </p><p> </p><p>The UK makes two contributions per month to the EU Budget which will vary from month to month. These payments are made on the first working day and the first working day after the 19th of each month. As such, it would not be possible to calculate a daily cost of an extension to Article 50 to the end of October.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 14/05/2019 13:24:45 answering member 4097 label Biography information for Elizabeth Truss
	tabling member	4066 label Biography information for Priti Patel

598092

	registered interest
	date	10/10/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	UK Membership of EU
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government what assessment they have made of the annual tax revenues derived from business activities dependent upon membership of the European Single Market; and what is the UK's annual net contribution to the EU budget.
	tabling member printed	Lord Inglewood
	uin	HL2121
	answer	answer is ministerial correction date of answer 21/10/2016 answer text <p>As noted in the previous written answer in question (HL131), there have been no new estimates made for the impact on tax revenue since the EU referendum.</p><p> </p><p>Details of UK net contributions to the EU Budget over the period 2011-12 to 2015-16 can be found in Table C1, page 194, of the 2016 Public Expenditure Statistical Analyses (Cm 9322) which was published in July. This is available in the House library.</p><p> </p><p>This table also includes the Office for Budget Responsibility’s March forecast of UK net contributions to the EU Budget for the period 2016-17 to 2019-20.</p> answering member printed Lord Young of Cookham question first answered 21/10/2016 13:19:15 answering member 57 label Biography information for Lord Young of Cookham
	tabling member	1980 label Biography information for Lord Inglewood

521092

	registered interest
	date	24/05/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	UK Membership of EU
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, how many officials of his Department were involved in the research, writing and production of his Department's document entitled HM Treasury analysis: the long-term economic impact of EU membership and the alternatives; and if he will estimate the cost to the public purse of the research and production of that document.
	tabling member constituency	Romford
	tabling member printed	Andrew Rosindell
	uin	38411
	answer	answer is ministerial correction date of answer 02/06/2016 answer text <p>The British people are asking for the facts before they decide whether to vote Remain or Leave in the EU referendum. The Treasury’s analysis shows that if the UK leaves the EU, the UK would be permanently poorer and it estimates an annual loss of 6.2% of GDP after 15 years, which is equivalent to £4,300 per UK household in 2015 terms.</p><p> </p><p>The Treasury is appropriately resourced to support the Government’s priorities in Europe. However, it is not practical to identify full-time equivalent staff numbers.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 02/06/2016 09:59:15 answering member 1526 label Biography information for Greg Hands
	tabling member	1447 label Biography information for Andrew Rosindell

521103

	registered interest
	date	24/05/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	UK Membership of EU
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, how many officials of his Department were involved in the research, writing and production of his Department's recent analysis of the effect of Britain leaving the EU on the value of homes in the UK; and if he will estimate the cost to the public purse of the research and production of that analysis.
	tabling member constituency	Romford
	tabling member printed	Andrew Rosindell
	uin	38414
	answer	answer is ministerial correction date of answer 02/06/2016 answer text <p>The British people are asking for the facts before they decide whether to vote Remain or Leave in the EU referendum. Analysis published by HM Treasury shows the impact that a vote to leave the EU would</p><p>have on UK output and house prices. In the ‘shock scenario’, after two years, house prices would be 10% lower compared with a vote to remain in the EU.</p><p> </p><p>The Treasury is appropriately resourced to support the Government’s priorities in Europe. However, it is not practical to identify full-time equivalent staff numbers.</p><p> </p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 02/06/2016 10:05:31 answering member 1526 label Biography information for Greg Hands
	tabling member	1447 label Biography information for Andrew Rosindell

517002

	registered interest
	date	03/05/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	UK Membership of EU
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government, further to the remarks by Lord O’Neill of Gatley on 28 April (HL Deb, col 1244), what provision was made in the Treasury document published on 18 April on the economic efforts of a UK withdrawal from the EU for funding the health, education, welfare and other costs associated with the forecast increase in that document of three million in the population of the UK by 2030.
	tabling member printed	Lord Tebbit
	uin	HL8157
	answer	answer is ministerial correction date of answer 12/05/2016 answer text <p>“HM Treasury analysis: the long-term economic impact of EU membership and the alternatives” shows that after 15 years, even with savings from reduced contributions to the EU, receipts would be £20 billion a year lower in the central estimate of the EEA, £36 billion a year lower for the negotiated bilateral agreement and £45 billion a year lower for the WTO alternative. £36 billion is more than a third of the NHS budget and the equivalent of 8p on the basic rate of income tax.</p><p> </p><p>The HMT analysis does not forecast immigration but uses the latest figures from ONS as a modelling assumption. These numbers do not take account of future Government actions to reduce immigration, including the emergency brake on welfare agreed as part of the renegotiation.</p><p> </p><p>The Government is committed to controlling migration by dealing with those who shouldn’t be here, by deporting illegal immigrants and improving the skills of British workers, so we reduce the demand for skilled migrants.</p><p> </p><p>The Prime Minister has re-negotiated the UK’s position within the EU to close back-door routes into the UK and exert greater control over EU migration by tackling the draw of our welfare system.</p><p> </p><p>But net migration remains too high and there is still more work to do.</p><p> </p> answering member printed Lord O'Neill of Gatley question first answered 12/05/2016 10:22:43 answering member 4536 label Biography information for Lord O'Neill of Gatley
	tabling member	952 label Biography information for Lord Tebbit

516177

	registered interest
	date	27/04/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	UK Membership of EU
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, with reference to the Prime Minister's oral contribution of 22 February 2016, Official Report columns 24-5 whether his Department plans to release further analysis of the economic benefits of the UK staying in a reformed EU.
	tabling member constituency	Clacton
	tabling member printed	Mr Douglas Carswell
	uin	35813
	answer	answer is ministerial correction date of answer 04/05/2016 answer text <p>The Treasury’s document published on the 18<sup>th</sup> April, was a rigorous and objective assessment of the economic impact of EU membership and the alternative. As stated in this document there will be a further document with an independent assessment of the short term implications of leaving the EU.</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 04/05/2016 11:39:50 answering member 1529 label Biography information for Mr David Gauke
	tabling member	1527 label Biography information for Mr Douglas Carswell

514695

	registered interest
	date	21/04/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	UK Membership of EU
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government what estimate they have made of the (1) EU GDP, and (2) UK GDP, per household in 2030 in each of the three scenarios in the HM Treasury analysis <i>The long-term economic impact of EU membership and the alternatives</i> (Cm 9250) published on 18 April.
	tabling member printed	Lord Green of Deddington
	uin	HL7841
	answer	answer is ministerial correction date of answer 06/05/2016 answer text <p>In <em>‘HM Treasury analysis: the long-term economic impact of EU membership and the alternatives</em>’ the central estimates for the annual loss of UK GDP under the 3 alternatives (relative to remaining in the EU) in 2030 are: 3.8% in the case of the EEA, 6.2% in the case of a negotiated bilateral agreement, and 7.5% in the WTO case. Expressed in 2015 terms that means a loss of GDP per household of £2,600 for the EEA case; £4,300 for the negotiated bilateral agreement case; and £5,200 for the WTO case.</p><p> </p><p>No estimate has been made of the impact on the EU GDP per household. This reflects a cautious approach, as, for example, the main estimates for the effect of leaving the EU do not take into account the negative economic impacts on the rest of the EU as a result of UK exit or the possible foregone benefits to the UK of future EU reform.</p> answering member printed Lord O'Neill of Gatley question first answered 06/05/2016 12:24:37 answering member 4536 label Biography information for Lord O'Neill of Gatley
	tabling member	4346 label Biography information for Lord Green of Deddington

513466

	registered interest
	date	18/04/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	UK Membership of EU
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government how seriously they view the warnings from the IMF and the Bank of England of the detrimental impact on both the UK and the global economy if the UK withdraws from the EU.
	tabling member printed	Lord Watson of Richmond
	uin	HL7723
	answer	answer is ministerial correction date of answer 03/05/2016 answer text <p><strong></strong>On 13 April 2016, HM Treasury published its analysis of the long-term economic impact of EU membership and the alternatives. It concluded that the UK would be permanently poorer if it left the EU. The document also notes that a UK exit from the EU would be likely to have a significant negative effect on the economy in the short term. A subsequent government document will examine in detail the short-term economic implications associated with leaving the EU.</p> answering member printed Lord O'Neill of Gatley question first answered 03/05/2016 16:20:01 answering member 4536 label Biography information for Lord O'Neill of Gatley
	tabling member	2487 label Biography information for Lord Watson of Richmond

485532

	registered interest
	date	23/03/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	UK Membership of EU
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what advice he has received from the Office for Budget Responsibility on the effect on the economy in the event of the UK leaving the EU.
	tabling member constituency	Clacton
	tabling member printed	Mr Douglas Carswell
	uin	32317
	answer	answer is ministerial correction date of answer 11/04/2016 answer text <p>A vote to leave the EU is identified as an economic risk in the OBR’s March 2016 <em>Economic and Fiscal Outlook</em>, which states that it “could usher in an extended period of uncertainty regarding the precise terms of the UK’s future relationship with the EU. This could have negative implications for activity via business and consumer confidence and might result in greater volatility in financial and other asset markets”.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 11/04/2016 16:46:24 answering member 1529 label Biography information for Mr David Gauke
	tabling member	1527 label Biography information for Mr Douglas Carswell

485536

	registered interest
	date	23/03/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	UK Membership of EU
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what discussions he has had with the Office for Budget Responsibility on the potential implications of the UK withdrawing from the EU.
	tabling member constituency	Ellesmere Port and Neston
	tabling member printed	Justin Madders
	uin	32404
	answer	answer is ministerial correction date of answer 11/04/2016 answer text <p>The Office for Budget Responsibility have set out their approach to assessing the implications of a UK withdrawal from the EU in their March 2016 Economic and fiscal outlook (see Box 3.4).</p><p> </p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 11/04/2016 13:44:50 answering member 1529 label Biography information for Mr David Gauke
	tabling member	4418 label Biography information for Justin Madders