This article is from the source 'independent' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.independent.co.uk/news/uk/politics/brexit-latest-news-david-davis-no-economic-impact-assess-uk-eu-leave-no-deal-select-committee-a7630626.html
The article has changed 5 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| Brexit: David Davis admits government has done no economic assessment for if UK crashes out of EU with no deal | |
| (35 minutes later) | |
| Brexit Secretary David Davis has stunned MPs by admitting he has done no economic assessment of crashing out of the EU with ‘no deal’. | Brexit Secretary David Davis has stunned MPs by admitting he has done no economic assessment of crashing out of the EU with ‘no deal’. |
| Giving evidence to MPs, Mr Davis insisted it was not possible to calculate the impact of the Brexit talks failing – adding: “I may be able to do so in about a year’s time.” | Giving evidence to MPs, Mr Davis insisted it was not possible to calculate the impact of the Brexit talks failing – adding: “I may be able to do so in about a year’s time.” |
| The Brexit Secretary rubbished the Treasury’s pre-referendum forecasts of an economic crash if Britain left the EU with no fresh trade agreement. | The Brexit Secretary rubbished the Treasury’s pre-referendum forecasts of an economic crash if Britain left the EU with no fresh trade agreement. |
| But, asked by the chairman of the Brexit select committee, if a new assessment had been carried out, Mr Davis replied: “Under my time, no.” | But, asked by the chairman of the Brexit select committee, if a new assessment had been carried out, Mr Davis replied: “Under my time, no.” |
| The admission came despite Mr Davis ordering Cabinet colleagues to prepare for what is widely seen as the growing prospect of negotiations with EU leaders breaking down. | The admission came despite Mr Davis ordering Cabinet colleagues to prepare for what is widely seen as the growing prospect of negotiations with EU leaders breaking down. |
| He also admitted he did not know about the implications of leaving the EU with ‘no deal’ on the transfer of personal data, which is crucial issue for the tech industry. | He also admitted he did not know about the implications of leaving the EU with ‘no deal’ on the transfer of personal data, which is crucial issue for the tech industry. |
| And Mr Davis said it was “probably right” that holidaying Britons will lose EHIC cards, which provide free or subsidized healthcare across the EU, but added: “I have not looked at that one.” | And Mr Davis said it was “probably right” that holidaying Britons will lose EHIC cards, which provide free or subsidized healthcare across the EU, but added: “I have not looked at that one.” |
| More to follow... | |