Brexit: Financial Settlement

Lord Cormack Excerpts

Thursday 12th October 2017 Lords Chamber

[Baroness Anelay of St Johns]

My Lords, we have made it clear that we understand that some of the discussions about our future relationship will involve continuing investment in projects across Europe. Clearly, the initial discussions about the withdrawal agreement are focusing on those areas where there are identifiable obligations. It is important that we move on to the next stage about our future relationship because, as the noble Lord has just pointed out, there will be continuing commitments that we may indeed wish to make.

[Lord Cormack (Con)]

My Lords, are we not singularly fortunate in having a Chancellor who is entirely sensible and optimistic, who looks forward to a good deal and who realises that no deal would not be good for this country, and should we not give him every possible support?

[Baroness Anelay of St Johns]

Yes, my Lords, the whole of the Cabinet is in the same frame of mind.