Leaving the EU: Economic Impact of Proposed Deal Debate

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Department: HM Treasury

Leaving the EU: Economic Impact of Proposed Deal

Mark Francois Excerpts
Wednesday 20th February 2019

(5 years, 2 months ago)

Commons Chamber
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Mel Stride Portrait Mel Stride
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The analysis shows that in all the scenarios being considered, including no deal, a deal based on the 2018 White Paper will give a better result for our economy for every sector, for every region and for every country—including Scotland—of the United Kingdom.

Mark Francois Portrait Mr Mark Francois (Rayleigh and Wickford) (Con)
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As the Chairman of the Select Committee on Exiting the European Union said, today is D minus 37, so in some five weeks from today we will have honoured the wishes of 17.4 million UK citizens and left the European Union. Military veterans living in Cyprus will also be affected by some of these changes, not least because we recently signed a double taxation treaty with the Cypriot Government. The Minister personally intervened in that negotiation, to allow a five-year transition period for military veterans receiving state pensions to have longer to adjust. He played a blinder and honoured the covenant, and on their behalf I thank him today for everything he did to look after them.

Mel Stride Portrait Mel Stride
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I sincerely thank my right hon. Friend for his extremely kind words. As ever, he is too modest. It was not my effort alone that secured the result that we achieved for those very important veterans in Cyprus—he raised the issue, brought it to my attention in Committee, and worked hard with me to make sure that we achieved the right, just and desired outcome.