Contrary to Professor Brendan McSweeney’s assertion (Letters, 9 March), I do not believe wages will rise as a result of Brexit. I merely asked Stuart Rose for his view when taking evidence as a member of the Treasury committee, and must confess to being somewhat surprised by his answer. I happen to agree with Professor McSweeney’s assessment that Brexit would reduce foreign investment, restrict exports and cost jobs. As the governor of the Bank of England, Mark Carney, told the committee in his evidence this week: EU membership “reinforces the dynamism of the UK economy” and the prospect of Brexit is “the biggest domestic risk” that our economy faces. These are just some of the reasons why I believe that Britain is stronger in the European Union.
Wes Streeting MP
Labour, Ilford North; member, Treasury select committee
• Join the debate – email guardian.letters@theguardian.com
