Oral QuestionDepartment for Exiting the European Union

What recent assessment he has made of the effect of the UK leaving the EU Customs Union on the economy.

Tabled: 25 January 2018Answered: 1 February 2018

Asked by

Emma Lewell

LabourSouth Shields

Answering Minister

the Secretary of State for Exiting the European Union

Answer from Hansard

The Parliamentary Secretary to the Treasury (Torsten Bell)

Increasing investment in the UK, both public and private, is the Government’s absolute priority. It is the route to restarting badly needed productivity and wage growth. As the hon. Member will know, at the international investment summit, companies committed to a record-breaking £63 billion-worth of investment, which is set to help to create around 30,000 jobs.