Ian Murray – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Ian Murray on 2016-09-06.

To ask Mr Chancellor of the Exchequer, what estimate the Government has made of the potential cost to Scottish businesses of leaving the EU.

Mr David Gauke

The United Kingdom will leave the European Union and we are going to make a success of it. While it is clear that we do now face some economic challenges as a result of the referendum decision, the UK economy does so from a position of strength.

HM Government is monitoring economic developments closely and the independent Office for Budget Responsibility will produce an updated economic forecast alongside Autumn Statement 2016.