Oral Answers to Questions

Pat McFadden Excerpts
Tuesday 3rd March 2015

(9 years, 2 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Philip Hammond
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I reiterate the commitment that the Prime Minister has already made that there will be a referendum by the end of 2017 if there is a Conservative Government. There is virtually no movement in polling evidence in the demand for a referendum. I will say something else to my hon. Friend: by creating the referendum we have—I will use the phrase again—lit a fire under our partners in Europe. They now know that they have to deliver change that is substantive and meaningful; not some backroom political deal, but something that will satisfy the British people in a referendum. That is what is driving the debate.

Pat McFadden Portrait Mr Pat McFadden (Wolverhampton South East) (Lab)
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It is clear that the European Union needs to reform to create more growth, more jobs and more competitiveness, so what is the Minister’s reaction to the warning issued this morning from the executive vice-president of Ford, Mr Jim Farley, who said, on the prospects of “Brexit”,

“We really hope that doesn’t happen and we believe that the UK being part of the EU is critical for business”?

Why does the Conservative party call for the march of the makers in one breath, yet pursue a policy that poses a direct threat to manufacturing jobs, manufacturing investment and trade? Is it that the Foreign Secretary does not see the contradiction, or is it instead a complete and utter absence of leadership when it comes to the European Union?

Lord Hammond of Runnymede Portrait Mr Philip Hammond
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It is that we need to resolve this issue. Of course, most people in this country recognise the value of the single market to Britain’s economy, but that comes at a price and it is a price we pay in loss of sovereignty and loss of control over many of our own affairs, including some that we do not need to lose control of. The debate will be on the correct balance between what is done at national level and what is done at European level, on the accountability of the European Union institutions to the people of the European Union, and on the European Union’s ability to drive economic growth across all our economies. That is what people in this country want resolved, and by resolving it we will create a more certain climate for business in the future.