European Council Debate

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Department: Cabinet Office

European Council

Peter Bone Excerpts
Monday 26th June 2017

(6 years, 10 months ago)

Commons Chamber
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Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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I think the whole country will welcome the agreement that the Conservative and Unionist party has made with the DUP. The Prime Minister’s statement referred to the Brexit dividend of over £10 billion that we will save when we are not in the European superstate, and I welcome the half a billion pounds a year going to Northern Ireland. Is that the sort of funding that the Prime Minister thinks will happen in the rest of the United Kingdom?

Theresa May Portrait The Prime Minister
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I can say that we have to look at how we are going to use the money that we will no longer be sending to the European Union. People voted for us not to be sending vast sums of money to the EU every year, and we will have to look at how we use that money. One suggestion that has already been proposed by the Government is the concept of a shared prosperity fund to remove the disparities between different parts of the UK.