The Brexit Secretary told the committee for leaving the EU that assessments into how Brexit might affect individual sectors do not exist.
- David Davis says Brexit impact papers on individual sectors do not exist.
- The Brexit Secretary has previously claimed that assessments exist in "excruciating" detail.
- Davis told MPs that he is "not a fan" of economic models.
LONDON — Brexit Secretary David Davis said today that the UK government has not produced a single economic assessment into how Brexit might impact individual sectors of the British economy.
Davis said that he is "not a fan of economic models because they have all been proven wrong."
The minister told the Brexit committee that the "usefulness" of producing detailed impact assessments into specific sectors was "near-zero," despite having previously suggested that such assessments existed "in excruciating detail".
"We've already got 50, nearly 60 sector analyses already done," Davis claimed in June of this year.
In October, Davis said the assessments had been conducted in "excruciating" detail.
However, Davis today accused the committee of falsely believing the impact assessments existed, despite having previously said they did.
"Do not draw the conclusion that because you’ve used the word impact, you have an impact assessment," he told the committee made up of MPs from across the Commons.
To produce assessments into certain Brexit outcomes could impact individual sectors "was not a sensible use of resources," Davis told committee chair Hilary Benn.
Davis repeatedly responded with "no" as Benn read out a list of sectors, including aerospace and financial services and asked whether the government had produced an impact assessment on them.
However, he said that certain impact assessments may be done in future.