Brexit: Economic Analyses Debate
Full Debate: Read Full DebateLord Strasburger
Main Page: Lord Strasburger (Liberal Democrat - Life peer)Department Debates - View all Lord Strasburger's debates with the Department for Exiting the European Union
(6 years, 7 months ago)
Lords ChamberTo ask Her Majesty’s Government what analyses they have carried out of the effect of the United Kingdom economy of the potential outcomes of the Brexit negotiations including (1) leaving the single market, (2) leaving the customs union, and (3) leaving the European Union with no deal, on the future trading relationship between the United Kingdom and the European Union; and when they intend to publish those analyses.
My Lords, the Government are undertaking extensive work to support our exit negotiations and to inform our understanding of how our EU exit will affect the UK’s domestic policies and framework. Ministers have a duty not to release information that could risk undermining our negotiating position. This is a position that Parliament has endorsed.
My Lords, the absurd mantra that, “No deal is better than a bad deal” has now been replaced by, “We will get the best deal for Britain”. In the event that Brexit actually happens, the best deal is bound to be worse than our current arrangements with the European Union. The only issue is: how much worse? How bad will the deal have to be for the Government finally to face down the Brexit fanatics in their own ranks and exit from Brexit, as most voters now want?
My Lords, I think the Brexit fanatics are on the Liberal Democrat Benches. We on this side of the House believe in democracy and that the referendum result should be implemented, and we will negotiate a full and comprehensive partnership with our European partners.