Article 50 Debate

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Department: Cabinet Office

Article 50

Claire Perry Excerpts
Wednesday 29th March 2017

(7 years, 1 month ago)

Commons Chamber
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Theresa May Portrait The Prime Minister
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I have to say that I think the right hon. Gentleman is framing the question in the wrong way. People voted to leave the European Union, but I believe that we as a country still want to have a good trading relationship with it. People overwhelmingly voted to know that the UK Government are in control of key decisions previously taken by the EU institutions: immigration rules, spending our budget and the relationship of the UK courts to decisions taken here in this Parliament. Underlying the vote was our ability to set our own laws and for those laws to be determined by our courts. This was not just a question of money. It was about values. It was about the value of that self-determination.

Claire Perry Portrait Claire Perry (Devizes) (Con)
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May I join others in commending the Prime Minister for a clear, concise and very generous approach to the negotiations, both in her statement today and in her letter to President Tusk?

The Prime Minister will know that the reason we currently have a strong economy is partly due to the decisions taken by the previous Government and partly because nothing has actually changed economically, other than the sharp depreciation in our currency. As we go into a period of enhanced risk and uncertainty for our country and businesses, a process I think she will lead us through admirably, does she not agree that it is time to start talking facts and sense to the British people, rather than rhetoric and ideology, and in particular reject the idea that no deal and a reliance on WTO rules would somehow be okay? I am sure she will have seen recent research from the National Institute Of Economic and Social Research, which suggests that a WTO deal, despite all the trade deals we want to sign with China, Brazil, India and America, would represent a loss of trade of a quarter—a quarter—to the British economy. We cannot do that to this country. I hope she will tell us that we are not going to do that to our country. Can we start talking in facts and perhaps trust experts a little bit more?

Theresa May Portrait The Prime Minister
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My hon. Friend is absolutely right. The Conservative-led Government’s long-term economic plan, on which we all stood at the last election, has enabled our economy to have the necessary strength. We are pleased that we are able to maintain and build on that strength in our economy. She talks about the WTO arrangements. What I say in the letter to President Tusk is very clear:

“If…we leave the European Union without an agreement the default position is that we would have to trade on World Trade Organisation terms.”

In that kind of scenario, both the UK and the EU would of course cope with the change, but it is not the outcome that either side should seek. We must therefore work hard to avoid that outcome. I am clear that we want a comprehensive free trade agreement with the European Union, and that is what we will be working for.