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971230

registered interest
date	10/09/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Economic Situation
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made of reports that the UK economy may face a short-term slowdown in the event of a no-deal Brexit.
tabling member printed	Lord Taylor of Warwick
uin	HL10226
answer	answer is ministerial correction date of answer 19/09/2018 answer text <p>The Government has published its White Paper on the future relationship, which is our vision for a bold, ambitious and innovative new partnership with the EU.</p><p> </p><p>The Government remains confident the UK and EU will agree a mutually advantageous deal. Leaving the EU without a deal is in neither side’s interests.</p><p> </p><p>Once the Government has agreed a deal with the EU we will provide Parliament with the appropriate analysis of that deal ahead of the vote on the final deal.</p> answering member printed Lord Bates question first answered 19/09/2018 11:20:09 answering member 1091 label Biography information for Lord Bates
tabling member	1796 label Biography information for Lord Taylor of Warwick

944436

registered interest
date	18/07/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Economic Situation
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 effects of Brexit on the UK economy to date.
tabling member printed	Lord Taylor of Warwick
uin	HL9671
answer	answer is ministerial correction date of answer 31/07/2018 answer text <p>The UK economy is resilient. The economy has grown every year since 2010, and in 2017, growth remained solid at 1.7%. In their Spring Statement 2018 forecast, the Office for Budget Responsibility expected that the UK economy will continue to grow in 2018 and throughout the forecast period. The labour market continues to show strength with both the employment level and employment rate at record highs, and unemployment at the lowest rate in 40 years. The UK government wants to protect jobs and support growth through an economic partnership with the EU, and proposals for our future relationship with the EU are set out in the White Paper.</p> answering member printed Lord Bates question first answered 31/07/2018 12:03:19 answering member 1091 label Biography information for Lord Bates
tabling member	1796 label Biography information for Lord Taylor of Warwick

833984

registered interest
date	30/01/2018
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 the cost to the public purse was of drafting and publishing his Department's May 2016 report, HM Treasury analysis: the immediate economic impact of leaving the EU, Cm 9292.
tabling member constituency	Ribble Valley
tabling member printed	Mr Nigel Evans
uin	125741
answer	answer is ministerial correction date of answer 07/02/2018 answer text <p>The Treasury has always had officials working on UK and EU economic and policy issues and they, together with civil servants across the department, contributed to writing “HM Treasury analysis: the immediate economic impact of leaving the EU, Cm 9292”. The costs of producing and publishing this analysis was in line with the costs of other Treasury publications.</p> answering member constituency Salisbury answering member printed John Glen question first answered 07/02/2018 15:57:11 answering member 4051 label Biography information for John Glen
tabling member	474 label Biography information for Mr Nigel Evans

823672

registered interest
date	16/01/2018
answering body	Department for Exiting the European Union
answering dept id	203
answering dept short name	Exiting the European Union
answering dept sort name	Exiting the European Union
hansard heading	Economic Situation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Exiting the European Union, how many studies his Department has conducted on the economic effect of the UK leaving the EU.
tabling member constituency	Leigh
tabling member printed	Jo Platt
uin	123126
answer	answer is ministerial correction date of answer 19/01/2018 answer text <p>The Department for Exiting the European Union is undertaking a comprehensive programme of analytical work across a range of scenarios. We are examining all areas of the UK economy from a number of perspectives and seeking input from a wide range of stakeholders. As part of this, we have looked at 58 sectors of the economy, as set out in our response to the Lords EU External Affairs Sub-committee report “Brexit: Trade in Goods” which can be found at: <a href="https://publications.parliament.uk/pa/ld201617/ldselect/ldeucom/129/129.pdf" target="_blank">https://publications.parliament.uk/pa/ld201617/ldselect/ldeucom/129/129.pdf</a>.</p><p> </p><p>We will continue to engage with businesses and industry bodies from all sectors of the economy, and all regions and nations of the UK, in order to inform our negotiations with the EU.</p><p> </p><p>We have published 14 detailed papers on the negotiations to date and will continue to be as open as possible subject to the overwhelming national interest of preserving our negotiating position. Ministers have a specific responsibility, which Parliament has endorsed, not to release information that would undermine our negotiating position.</p><p> </p> answering member constituency Worcester answering member printed Mr Robin Walker grouped question UIN 122058 122059 122352 122361 122490 123129 question first answered 19/01/2018 16:18:35 answering member 4091 label Biography information for Mr Robin Walker attachment 1 file name Brexit- trade in goods.pdf title Brexit: Trade in Goods
tabling member	4673 label Biography information for Jo Platt

822995

registered interest
date	15/01/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Economic Situation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he has made an estimate of the value of early-phase research to the UK economy in the last 12 months.
tabling member constituency	Liverpool, Wavertree
tabling member printed	Luciana Berger
uin	122678
answer	answer is ministerial correction date of answer 19/01/2018 answer text <p>The Industrial Strategy White Paper sets out the central role of science in meeting the UK’s productivity challenge.</p><p>We get a high rate of return for our investment in Science – 20% per annum in perpetuity - and the UK research base is highly productive in terms of article and citation outputs per researcher and per pound spent on R&amp;D. With only 0.9% of the global population, 4.1% of researchers, the UK accounts for 6.3% of research articles, 10.7% of citations and 15.2% of the most highly-cited research articles.</p><p>The UK has the largest independent multi-year rolling programme for evaluating the quality and impact of our investment in science through the Research Excellence Framework (REF). The 2014 REF, which reported in 2015, found that the quality of research from UK universities has improved significantly since 2008, consistent with other independent evidence. Just over three quarters of submissions were either ‘World Class’ or ‘Internationally Excellent’. Preparations for the next REF due in 2021 have already started.</p> answering member constituency East Surrey answering member printed Mr Sam Gyimah question first answered 19/01/2018 14:09:44 answering member 3980 label Biography information for Mr Sam Gyimah previous answer version 35204 answering member constituency East Surrey answering member printed Mr Sam Gyimah answering member 3980 label Biography information for Mr Sam Gyimah
tabling member	4036 label Biography information for Luciana Berger

804349

registered interest
date	11/12/2017
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, with reference to his evidence before the Exiting the European Union Committee of 6 December 2017, whether the Office for Budget Responsibility's forecast of the economic effect of withdrawal from the EU held by HM Treasury has been published or is otherwise in the public domain; and if he will make a statement.
tabling member constituency	Brighton, Pavilion
tabling member printed	Caroline Lucas
uin	118441
answer	answer is ministerial correction date of answer 19/12/2017 answer text <p>As the Office for Budget Responsibility stated in its November 2017 Economic and Fiscal Outlook<sup><sup>[1]</sup></sup>, they have not yet made specific assumptions on the economic effect on the UK of Exiting the EU.</p><p> </p><p>[1] <a href="http://cdn.budgetresponsibility.org.uk/Nov2017EFOwebversion-2.pdf" target="_blank">http://cdn.budgetresponsibility.org.uk/Nov2017EFOwebversion-2.pdf</a></p><p> </p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay question first answered 19/12/2017 13:51:15 answering member 4095 label Biography information for Steve Barclay
tabling member	3930 label Biography information for Caroline Lucas

802772

registered interest
date	07/12/2017
answering body	Department for Exiting the European Union
answering dept id	203
answering dept short name	Exiting the European Union
answering dept sort name	Exiting the European Union
hansard heading	Economic Situation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Exiting the European Union, with reference to his oral evidence to the Exiting the EU Committee on 6 December 2017, whether the Office for Budget Responsibility forecast of the economic impact of withdrawal from the EU is in the public domain.
tabling member constituency	Brighton, Pavilion
tabling member printed	Caroline Lucas
uin	118321
answer	answer is ministerial correction date of answer 14/12/2017 answer text <p>The Office for Budget Responsibility’s (OBR) latest Economic and Fiscal Outlook was published on 22 November 2017 and is available at the following address: <a href="http://cdn.budgetresponsibility.org.uk/Nov2017EFOwebversion-2.pdf" target="_blank">http://cdn.budgetresponsibility.org.uk/Nov2017EFOwebversion-2.pdf</a>. This sets out forecasts of the UK economy and public finances to 2022-23, which extends well beyond the point at which the UK leaves the EU.</p> answering member constituency Worcester answering member printed Mr Robin Walker question first answered 14/12/2017 17:12:04 answering member 4091 label Biography information for Mr Robin Walker attachment 1 file name Nov2017EFOwebversion-2.pdf title OBR Economic and Fiscal Outlook November 2017
tabling member	3930 label Biography information for Caroline Lucas

795198

registered interest
date	27/11/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Economic Situation
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made of (1) the findings released by the European Commission on 30 October showing that industry and consumer confidence in the Eurozone economies is at its highest level for 17 years, and (2) prospects for growth in the those economies; and what comparative assessment they have made of (a) confidence in the economy, and (b) prospects for growth, in the UK, following the Office for Budget Responsibility's announcement that the UK economy will not grow as fast as previously forecast.
tabling member printed	Lord Birt
uin	HL3600
answer	answer is ministerial correction date of answer 05/12/2017 answer text <p>The Treasury continuously monitors global and European economic developments as part of the normal process of domestic policy development.</p><p> </p><p>Euro area growth has become increasingly robust in recent quarters. This has helped boost economic sentiment, as the European Commission’s publication on 30 October notes. They consider that the outlook for euro area growth remains positive; growth forecasts were revised up for the euro area in the Autumn Forecast, released November 9.</p><p> </p><p>The UK economy is also fundamentally strong. The economy has grown for 19 consecutive quarters, employment is close to a record high and the deficit has been cut by three quarters. UK consumer confidence has been relatively stable over the last six months. However there is more to do: improving our productivity remains the key to raising living standards over the long term. That is why we have invested over a quarter of a trillion pounds in infrastructure, cut taxes to support business investment and reformed technical education.</p><p> </p><p>The UK welcomes the stronger macroeconomic outlook for the euro area. It is in Britain’s interest to see a stable and prosperous euro area</p> answering member printed Lord Bates question first answered 05/12/2017 16:18:17 answering member 1091 label Biography information for Lord Bates
tabling member	2533 label Biography information for Lord Birt

776782

registered interest
date	24/10/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Economic Situation
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government whether they have changed their assessment of the economic impact on the UK of leaving the EU from that set out in the April 2016 document HM Treasury Analysis — the long term economic impact of EU membership and the alternatives.
tabling member printed	Lord Hutton of Furness
uin	HL2446
answer	answer is ministerial correction date of answer 06/11/2017 answer text <p>Government has undertaken a significant amount of work to assess the economic impacts of leaving the EU. This is part of our continued programme of rigorous and extensive analytical work on a range of scenarios on a sector by sector basis.</p><p> </p><p>Our long-term analysis examined scenarios based on existing alternative models to EU membership. The Prime Minister has since ‎made clear however that the UK aims to agree an ambitious and comprehensive economic partnership with the EU that is of far greater scope and ambition than any existing free trade agreement</p> answering member printed Lord Bates question first answered 06/11/2017 15:27:09 answering member 1091 label Biography information for Lord Bates
tabling member	494 label Biography information for Lord Hutton of Furness

769802

registered interest
date	12/10/2017
answering body	Department for Exiting the European Union
answering dept id	203
answering dept short name	Exiting the European Union
answering dept sort name	Exiting the European Union
hansard heading	Economic Situation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Exiting the European Union, pursuant to the Answer of 13 September 2017 to Question 8561, if he will publish his Department's studies into the effect of the UK leaving the EU on different sectors of the UK economy.
tabling member constituency	Tottenham
tabling member printed	Mr David Lammy
uin	107481
answer	answer is ministerial correction date of answer 17/10/2017 answer text <p>The Government is committed to negotiating a deep and special partnership with the European Union and is conducting a wide-ranging programme of analysis. It would not be appropriate, however, to publish details that could undermine the UK's negotiating position with the EU, and Parliament has voted not to publish such details.</p> answering member constituency Wycombe answering member printed Mr Steve Baker question first answered 17/10/2017 14:35:26 answering member 4064 label Biography information for Mr Steve Baker
tabling member	206 label Biography information for Mr David Lammy