Debate on the Address
Debate between Crispin Blunt and Ed Davey(4 years, 4 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Sir Edward Davey
I will come to that last point in a second, but the right hon. Gentleman’s point about health systems is an interesting point for debate. I point to countries such as Denmark, which have a taxpayer-funded system and spend a significantly higher share of their national income on health. I am afraid that his point is not valid.
Sir Edward Davey
No, I am going to make some progress.
On economic policy and Brexit, I have to tell the House that I am worried about self-imposed Brexit austerity. I will explain why. First, take the damage to growth from Brexit and the red tape of Brexit at our customs borders, a cost estimated by Her Majesty’s Revenue and Customs at a mere £15 billion every year. We had a red tape battle in the coalition, and we never got anywhere near saving that amount of money, yet this Government want to impose that cost on our businesses.
Then we have the damage to businesses and our NHS from the ending of free movement of labour within the EU. That will damage growth overnight. It is not just the impact on economic growth of this Brexit austerity that worries me, but the impact on the poorest and most vulnerable in our society who will feel it the most. We have already seen the numbers of children in poverty rise by nearly 400,000 since 2015, and we have seen the report from the Resolution Foundation, which I hope that Government Members will read, that analysed the Conservative’s general election manifesto and said that child poverty will continue to rise year-on-year with that party’s policies.