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Speech in Commons Chamber - Wed 14 Mar 2018
European Affairs

"I just want to make a bit of progress, if that is okay.

The Prime Minister’s Mansion House speech on 2 March was as much an attempt to muffle those divisions as it was to provide clarity on the Government’s vision of the end-state relationship. To be fair, it was …..."
Matthew Pennycook - View Speech

View all Matthew Pennycook (Lab - Greenwich and Woolwich) contributions to the debate on: European Affairs
Speech in Commons Chamber - Wed 14 Mar 2018
European Affairs

"I absolutely agree with my hon. Friend. I could not have put it better myself.

The theme of today’s debate is international trade. The sections relating to customs were arguably the least convincing parts of the Prime Minister’s speech. In contrast to other areas, there was no attempt to engage …..."
Matthew Pennycook - View Speech

View all Matthew Pennycook (Lab - Greenwich and Woolwich) contributions to the debate on: European Affairs
Speech in Commons Chamber - Wed 14 Mar 2018
European Affairs

"The hon. Lady has great expertise in this area, but I think she has slightly misjudged the fact, as I understand it, that that is not about customs, but about the elements that make up the single market. We have said that we would seek, in principle, to negotiate protections, …..."
Matthew Pennycook - View Speech

View all Matthew Pennycook (Lab - Greenwich and Woolwich) contributions to the debate on: European Affairs
Speech in Commons Chamber - Wed 14 Mar 2018
European Affairs

"I will make a bit of progress.

FTAs with the BRIC countries would be worth just over 2%. Any such trade deals, even if they could be secured reasonably quickly, would in all likelihood also involve detrimental trade-offs and compromises in standards and regulations with which the British public would …..."
Matthew Pennycook - View Speech

View all Matthew Pennycook (Lab - Greenwich and Woolwich) contributions to the debate on: European Affairs
Speech in Commons Chamber - Wed 14 Mar 2018
European Affairs

"I thank my hon. Friend. That is certainly the fear. I read the same analysis as he did—I had to surrender my phone to do so and then found that it had been released publicly a week later—and it does say in several places that there are opportunities to deregulate. …..."
Matthew Pennycook - View Speech

View all Matthew Pennycook (Lab - Greenwich and Woolwich) contributions to the debate on: European Affairs
Speech in Commons Chamber - Wed 14 Mar 2018
European Affairs

"I simply do not think that that stacks up. I listened to Sir Martin’s comments very carefully, and I am not sure that he was referring to that. However, if the hon. Gentleman makes a speech, I will be personally interested in hearing his points...."
Matthew Pennycook - View Speech

View all Matthew Pennycook (Lab - Greenwich and Woolwich) contributions to the debate on: European Affairs
Speech in Commons Chamber - Wed 14 Mar 2018
European Affairs

"I am going to make progress, as lots of people want to speak.

A sensible, pragmatic Government focused on the economic interests of the country would adjust their policy accordingly and consider the option of a new, comprehensive customs union along the lines that Labour has suggested. Importantly, so would …..."
Matthew Pennycook - View Speech

View all Matthew Pennycook (Lab - Greenwich and Woolwich) contributions to the debate on: European Affairs
Speech in Commons Chamber - Wed 14 Mar 2018
European Affairs

"I am just coming to a close.

The draft withdrawal agreement merely needs to include a political declaration on the future relationship—that is, its broad outlines—with the details to be hammered out after the UK has left the EU...."
Matthew Pennycook - View Speech

View all Matthew Pennycook (Lab - Greenwich and Woolwich) contributions to the debate on: European Affairs
Speech in Commons Chamber - Wed 14 Mar 2018
European Affairs

"I will not give way.

But the Irish border issue is an integral part of the withdrawal agreement. Without a solution to it, it is very difficult to imagine how the Government secure an orderly exit deal or a transition period, let alone a post-Brexit trade deal...."
Matthew Pennycook - View Speech

View all Matthew Pennycook (Lab - Greenwich and Woolwich) contributions to the debate on: European Affairs
Written Question
Overseas Trade
Thursday 14th December 2017

Asked by: Matthew Pennycook (Labour - Greenwich and Woolwich)

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, what comparative assessment his Department has made of the potential effect on the economy of an independent trade policy and the costs of leaving the EU customs union.

Answered by Greg Hands

The Government has been undertaking appropriate analytical work to support our exit negotiations, as any responsible Government should, in order to inform our understanding of how leaving the European Union will affect the UK.

We are going to make the most of the opportunities that our departure presents, for forging new trade relationships with other countries, including both at the World Trade Organisation and in bilateral agreements.