Michael Fabricant – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Michael Fabricant on 2016-04-18.

To ask Mr Chancellor of the Exchequer, what the (a) cost of labour and (b) other expenses incurred by his Department was in producing its analysis of costs if the UK were to leave the EU; and how many man hours were required to produce that analysis.

Mr David Gauke

The British people are asking for the facts before they decide whether to vote Remain or Leave in the EU referendum. The Treasury’s analysis shows that if the UK leaves the EU, the UK would be permanently poorer and it estimates an annual loss of 6.2% of GDP after 15 years, which is equivalent to £4,300 per UK household.

The Treasury is appropriately resourced to support the Government’s priorities in Europe. However, it is not practical to identify full-time equivalent staff numbers.