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Written question asked by Rosena Allin-Khan (Labour) on Monday, 2 September 2019, in the House of Commons. It was due for an answer on Wednesday, 4 September 2019. It was answered by John Glen (Conservative) on Monday, 9 September 2019 on behalf of the Treasury.


Brexit

Question

To ask the Chancellor of the Exchequer, what effect the process of the UK leaving the EU had on (a) GDP growth, (b) inflation and (c) foreign direct investment between 23 June 2016 and 23 July 2019.

Answer

The fundamentals of our economy are strong: wages are growing, employment is at a record high and the unemployment rate is at a historic low. The economy has grown every year since 2010 and the IMF forecast that it will grow faster than Germany, Italy and Japan this year, and as fast as France.

It is vital that we bring certainty and that's why we must leave on 31 October under any circumstances.


Secondary information

Type
Written question
Reference
285400
Session
2017-19
Subjects
Inflation National income Foreign investment in UK Brexit
Link
View this Written question on www.parliament.uk