Oral Answers to Questions

Desmond Swayne Excerpts
Tuesday 8th November 2016

(7 years, 5 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Greg Clark Portrait Greg Clark
- Hansard - - - Excerpts

I am glad to hear that question from the hon. Gentleman, because it is true that the success of the financial services is not just about the City of London, but extends across the whole United Kingdom and, of course, Scotland. That is why it is important, in our negotiations, that we achieve the best possible deal to allow financial institutions, wherever they are in this country, to continue to trade freely across the EU.

Desmond Swayne Portrait Sir Desmond Swayne (New Forest West) (Con)
- Hansard - -

Can I put in a plug for free markets and laissez-faire as the best long-term strategy?

Greg Clark Portrait Greg Clark
- Hansard - - - Excerpts

My right hon. Friend does not need to make a plug for that. It is free markets and the knowledge that this is a competitive place to do business that accounts for our world-beating status in the G7 at the moment.