Brexit’s economic forecasts are not “facts,” Theresa May said today — a few hours after a forecast showed that her Brexit deal would cost the economy £ 100 billion a year.
The Prime Minister made remarks on eyebrow raising after the leading think tank discovered that the savings would be 3.9% less valuable by 2030 according to its plan, compared to staying in the EU.
In a study sponsored by campaigners against Brexit, the National Institute for Economic and Social Research (NIESR) warned that the deal would leave £ 1,090 per resident worse.
But Teresa May told the deputies in the House of Commons: “I am tempted to say this.
"I think this will be an interesting discussion for this House – the extent to which economic forecasts can be described as facts."
More than two years after her colleague, colleague Michael Gove, said that the nation "had enough experts."
When asked when the Prime Minister stopped trusting the forecasts, Representative No. 10 said: “I’m not sure that she was the first to show skepticism about some of the forecasts.”
Comments came despite the publication of the Treasury, published later this week on Ms. May’s deal.
Like the NIESR study, it will compare the deal with what happens if the UK stays in the EU.
But the representative number 10 said that they were completely different – because one of them – "forecast", and the other – "analysis".
Key points from the British 611-page Brexit deal with the EU
The Brexit Agreement, agreed by Theresa May and the EU, covers two areas: the withdrawal agreement, which covers the UK’s exit from the EU, and the Political Declaration on the future structure, which sets out relations with the EU after the UK leaves.
Brexit transaction highlights include:
1. Withdrawal Agreement
- The transition period may be extended until 2022 – after the next election
- Checking goods between Northern Ireland and the rest of the UK
- "Support" can expand EU customs rules throughout the UK – and we need Brussels permission to exit
- European courts will continue to be held in the UK
2. Future structure
- "Comprehensive measures that will create a free trade zone" – not really "shaking trade", which hoped
- Possible EU access to British fishing waters
- We remain connected to European courts.
- We will respect human rights laws
- Visas required for long-term travel in the EU
- He built in obscurity – kicking a can down the road for further negotiations
Read about the deal in more detail here.
A spokesman for No10 said: “What will be published this week is an economic analysis. We have always used the term "economic analysis."
"I think it is important that you report this correctly."
To the question that the Treasury would not publish a “forecast”, he replied: “It will not be, it will be an analysis.”