Outcome of the EU Referendum

Dominic Grieve Excerpts

Monday 27th June 2016 Commons Chamber

[The Prime Minister]

The hon. Lady is absolutely right: the Treasury Select Committee did look at that and warned about the volatility. We have seen a lot of that volatility and the reaction of the Bank of England and the Treasury to it. As well as the volatility, we have to look out for the dangers of uncertainty. The Government stand ready to help in any way they can. Part of this will be reassuring business that all the trading relationships continue while we are in this negotiation. The hon. Lady is right to say that there will be challenges ahead.

[Mr Dominic Grieve (Beaconsfield) (Con)]

rose—

[Sir Edward Garnier (Harborough) (Con)]

rose—

--- Later in debate ---

[Mr Speaker]

Indeed. I call Mr Dominic Grieve.

[Mr Grieve]

While we have to accept and must accept the referendum decision, is not the problem that, in the course of the campaign, statements were made by those advocating vote leave, which were, first, false and, secondly, in many cases unfulfillable? One thing that came out so clearly from this referendum campaign was the increasing disconnect between the public and those of us in this House who are, as the public would see it, in authority. What can we do and what should we do to restore that trust? My right hon. Friend the Prime Minister has behaved impeccably in this matter and I would like to thank him for his long service to this country, but if we do not restore that trust, the role of this House will, it seems to me, be fatally undermined.

[Mr Speaker]

Has the right hon. and learned Gentleman spoken for his chum as well?