- 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.
- Government did not assess impact of leaving customs union before Cabinet decided to make it Brexit policy, Davis said.
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David Davis says the UK hasn't produced a single Brexit impact assessment as he's 'not a fan' of them
The Brexit Secretary told the committee for leaving the EU that assessments into how Brexit might affect individual sectors do not exist.
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".
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To produce assessments into certain Brexit outcomes could impact individual sectors "was not a sensible use of resources," Davis told 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.
This exchange between Hilar... @ Jack Maidment
However, he said that certain impact assessments may be done in future, claiming the government will "do the best we can to quantify" how certain Brexit outcomes could affect the economy "at some stage."
Watch David Davis on Brexit impact assessments
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