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David Davis says no Brexit deal will be 'not as good' for the UK

​The government has not carried out an assessment of what effect leaving the European Union without an exit deal would have on the British economy.

By Jamie Fletcher | Published: 15th March 2017 News Updates

Speaking at a parliamentary committee hearing, Davis said the last available analysis dated back to the 2016 referendum campaign.

"It (the government) made an estimate during the ... referendum campaign but I think one of the issues that's arisen is that those forecasts don't appear to have been very robust," said Davis, who became a minister in July after the referendum result.

Pressed whether any work had been done since then, he said: "If you mean under my time, no."

Davis said one reason for this was because preparing such an assessment was difficult given the current uncertainty and the number of variables involved.