Oral QuestionTreasury

What assessment she has made of the potential impact of leaving the EU on economic growth.

Tabled: 3 December 2025Answered: 9 December 2025

Asked by

Stephen Gethins

Scottish National PartyArbroath and Broughty Ferry

Answering Minister

the Chancellor of the Exchequer

Answer from Hansard

The Chancellor of the Exchequer (Rachel Reeves)

The Office for Budget Responsibility has estimated that productivity will be 4% lower than it would have been had the UK not withdrawn from the EU. However, alongside the trade deals struck with the US and India, the Government are resetting our relationship with the EU to get better deals on, for example, food and farming, as well as on electricity trading. The hon. Member’s party talks about how leaving the European Union has been costly and disruptive, but somehow thinks that Scotland leaving the UK and its internal market would be magically effortless and cost free. I must say that the SNP is no better than those who promised the public an extra £350 million a week for the NHS. It is all talk, but no delivery.

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