Oral Answers to Questions

Debate between Robin Walker and Richard Graham

Thursday 26th January 2017 Commons Chamber

[Richard Graham (Gloucester) (Con)]

5. What assessment he has made of the potential effect of the UK leaving the EU on businesses in (a) the UK and (b) the EU.

[The Parliamentary Under-Secretary of State for Exiting the European Union (Mr Robin Walker)]

Our Department, working with officials across government, continues to undertake a wide range of analysis, covering the entirety of the UK economy and our trading relationships with the EU. We are looking at more than 50 sectors, as well as cross-cutting regulatory issues. We want to ensure that British businesses have the maximum freedom to trade with and operate within European markets, and to let European businesses do the same in Britain. We believe a strong partnership and a good deal on market access are in the interests of both the UK and the EU.

[Richard Graham]

While we will bring in more immigration controls, the ability for key sectors such as aerospace, health and financial services to bring in or relocate skills and talent from different countries is important to their success and our industrial and export strategy. What reassurances can my hon. Friend give such businesses?

[Mr Walker]

I know that my hon. Friend is a champion for the aerospace businesses along the M5 corridor and helps them in his role as a global trade envoy for our Prime Minister. As she said, we want the UK

“to be a secure, prosperous and tolerant country—a magnet for international talent and home to the pioneers and innovators who will shape the world ahead.”

We will continue to attract the brightest and the best to work and study in Britain. Indeed, openness to international talent must remain one of this country’s most distinctive assets, but that has to be managed properly so that our immigration system serves the national interest.