Debates between Lord Davies of Oldham and Lord Pearson of Rannoch during the 2015-2017 Parliament

Brexit: Single Market

Debate between Lord Davies of Oldham and Lord Pearson of Rannoch
Monday 24th October 2016

(9 years, 3 months ago)

Lords Chamber
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Lord Davies of Oldham Portrait Lord Davies of Oldham (Lab)
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My Lords, is it not quite clear that when the Brexit Secretary indicated that it was not necessary for the UK to remain a member of the single market, he caused profound uncertainty in business, finance and trade? Is it not clear therefore that unless the Government begin to establish clear principles on which they are acting on Brexit, we will go through a period of enormous uncertainty to the cost of the nation?