The Post-Brexit Economic Forecast

Part of 1. Questions to the First Minister – in the Senedd at 1:44 pm on 13 February 2018.

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Photo of Mick Antoniw Mick Antoniw Labour 1:44, 13 February 2018

Well, First Minister, it seems the cat is now out of the bag that the Government's real evidence as to the impact of Brexit without access to the single market is something that's going to cause significant damage to the Welsh economy. It appears only AMs in Wales are allowed to see these documents, provided we do that within certain restricted conditions. Members of the public, our constituents, aren't allowed to share this information. But the outcome of that evidence is that, effectively, depending upon what level of access we may or may not have to the European market, we will suffer an economic hit of around 1.5 per cent, or up to 9.5 per cent, to our economy. If we had a 9 per cent hit to our Welsh economy, what would be the implications in Wales for jobs and the standard of living of the Welsh people?