No-deal Brexit: Short Positions against the Pound Debate

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Department: HM Treasury

No-deal Brexit: Short Positions against the Pound

Ed Davey Excerpts
Monday 30th September 2019

(4 years, 6 months ago)

Commons Chamber
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Simon Clarke Portrait Mr Clarke
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My hon. Friend is absolutely right: the third quarter figures for the UK economy look very robust. Clearly, there is a lot to be said about the ongoing work to make sure that we are ready for a deal or no-deal scenario. My right hon. Friend the Chancellor delivered the spending review earlier this month and today he will give an excellent speech in Manchester, no thanks to the Opposition, setting out our plans for how we move forward. Clearly, we are deploying billions of pounds and the most robust plans available to make sure that we are ready to thrive in all scenarios.

Ed Davey Portrait Sir Edward Davey (Kingston and Surbiton) (LD)
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When the last Conservative Chancellor, a former permanent secretary to the Treasury and the Prime Minister’s own sister blow the whistle, the Minister simply cannot brush aside these most serious claims of a conflict of interest. Some of the Prime Minister’s biggest donors are clearly betting against Britain, and, intentionally or not, the Prime Minister is aiding and abetting them by pursuing a no-deal Brexit. I therefore ask again: will the Government set up an urgent independent investigation?