European Union (Notification of Withdrawal) Bill Debate

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Department: Department for Exiting the European Union

European Union (Notification of Withdrawal) Bill

Lyn Brown Excerpts
Tuesday 31st January 2017

(7 years, 3 months ago)

Commons Chamber
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Stephen Timms Portrait Stephen Timms
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It is absolutely clear that there will be a heavy economic price. Within a couple of years, that will be absolutely clear. My view is that if we in this House believe that a measure is contrary to the national interest, we should vote against it. We have heard a couple of speeches from Conservative Members who have said in terms that they think that the Bill is contrary to the national interest. If that is the view of Members of this House, we should vote against the Bill.

Lyn Brown Portrait Lyn Brown (West Ham) (Lab)
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I thank my right hon. Friend for his opening words. I believe that the Bill will make our constituents poorer, and that is why I will join him tomorrow in the Lobby. Is it not a pity that part of the debate was basically to ignore what experts were saying about the destination of our country should we leave the European Union?

Stephen Timms Portrait Stephen Timms
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My hon. Friend is absolutely right. I think we should pay attention to those who know what they are talking about. The reality is that our currency has fallen significantly in value following the referendum, and that means that we are poorer than we were before. But the real damage will be done when jobs start to be forced out of Britain, as they will be over the next few years.

I know that some people argue that the loss of jobs in Britain will be a price worth paying in the short term for a better long-term future. I do not agree with that view. The fact is that we will always be dependent on close partnerships with other countries. I cannot share the view that we would be better off replacing annoying interference from Brussels with annoying interference from Washington, but that appears to be what some people believe we should head towards.