Oral Answers to Questions

Bob Ainsworth Excerpts
Tuesday 4th December 2012

(11 years, 5 months ago)

Commons Chamber
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Bob Ainsworth Portrait Mr Bob Ainsworth (Coventry North East) (Lab)
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But the Minister knows how important access to the single market is to our ability to attract foreign investment in, for example, car manufacturing. Surely he admits that there is a growing resistance in Europe to what is seen as the Government’s à la carte approach to their membership. Does he accept that that is becoming dangerous to our economic interests?

David Lidington Portrait Mr Lidington
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Our colleagues in the EU fully accept that we have taken a sovereign decision, which I thought was supported on both sides of the House, to stay out of the euro. It therefore follows that we do not take part in certain arrangements. However, I also find that my European counterparts are eager to work closely with us on measures to develop free trade further; to strengthen the single market—for example, to cover the digital economy, transport and energy—and to find ways to cut the cost and complexity of regulation, which applies to all European businesses.