Brexit: Negotiations

Lord Wrigglesworth Excerpts
Monday 24th April 2017

(7 years, 1 month ago)

Lords Chamber
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Lord Bridges of Headley Portrait Lord Bridges of Headley
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My Lords, that would be a very good thing. As the Prime Minister has said, this party and this side of the House will be setting forward a clear approach to those negotiations to ensure that we get the very best deal for this country in the months ahead.

Lord Wrigglesworth Portrait Lord Wrigglesworth (LD)
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My Lords, does the Minister agree with the CBI assessment that we will have to establish the equivalent of 34 domestic agencies to replace EU agencies when we withdraw—if we do—from Europe? Has any assessment been made of that and, in particular, of the cost of funding 34 agencies?

Lord Bridges of Headley Portrait Lord Bridges of Headley
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The noble Lord makes a good point. Considerable work is being undertaken by my department and right across Whitehall regarding the impact of our withdrawal on UK regulators and regulatory bodies. I shall not go into detail on that at this precise juncture, but noble Lords should rest assured that in the months ahead, were a Conservative Government to be returned, we would ensure that those plans are set out.