Brexit: Single Market

Lord Taverne Excerpts

Wednesday 14th September 2016 Lords Chamber

Asked by

[Lord Taverne]

To ask Her Majesty’s Government whether, in their negotiations to leave the European Union, they will seek to preserve the United Kingdom’s membership of the single market.

[The Parliamentary Under-Secretary of State, Department for Exiting the European Union (Lord Bridges of Headley) (Con)]

My Lords, we are determined to protect and build on our economic strengths while implementing the decision of the British people to leave the EU. We want the right deal for trade in goods and services for the United Kingdom.

[Lord Taverne (LD)]

My Lords, has the Minister had a chance to consider the recent paper by the Centre for European Reform with its detailed analysis of the very complex problem that Brexit raises for our trade relations with the European Union and non-EU members of the World Trade Organization? If so, does he not agree that it demonstrates pretty convincingly that, when it comes to the impact on our future prosperity and trade, the least bad solution is to preserve our membership of the single market at all costs?

[Lord Bridges of Headley]

My Lords, I thank the noble Lord for drawing that paper to my attention. I have actually seen it and it is extremely interesting. It sets out a number of questions and outlines some—just some—of the complexity that we face. I will not be drawn on his point, I am sorry to say. I know how frustrating it is for all noble Lords with regard to the position that we are in, but, as I said in the Statement last week, we are analysing the position, analysing the options open and determined to come up with the best deal and the best outcome for our country.