
David Davis
Secretary of State for Exiting the EU“If we can achieve all that, there will be no downside to Brexit at all, and considerable upsides.”
House of Commons statement on the next steps in leaving the EU, after listing the government’s negotiating aims. Source: Hansard
What happened
The OBR assumes the UK–EU trade agreement will reduce long-run productivity by 4 per cent compared with remaining in the EU.
Sources: OBR