This week, I had the opportunity to ask the Financial Secretary to the Treasury a parliamentary question regarding the Government’s controversial economic analysis of Britain’s potential exit from the European Union:
Steve Baker: Will the Government welcome this opportunity to bring forward actual data without the need to project forward fourteen years using techniques which are proven inaccurate every six months?
The Financial Secretary to the Treasury (David Gauke): Once the HMRC have gone through that data, they will provide that to the ONS and it is for the ONS to decide the timing, but I drew the House’s attention to what the ONS have said. But returning to the issue of the Treasury analysis: it is the case that it is comparing one scenario with other scenarios and of the three possible scenarios set out if we leave the European Union, all of them leave this country poorer than we would otherwise be.
