(5 years, 9 months ago)
Commons ChamberI absolutely agree. Passing my amendment would give the certainty to businesses that we will not crash out and that they do not have to look to offshore more work and potentially lay off more workers to build up their inventory supply. It will give workers certainty. Trade unions are also saying that the very worst thing for our economy and for people working in our economy is to crash out without a deal. As my right hon. Friend the Member for Normanton, Pontefract and Castleford said, it will also provide assurance to families and pensioners, particularly those on fixed incomes who are incredibly worried about the rising costs of essentials in the shops when they are already struggling with the cost of living.
The hon. Lady is a very effective Chair of the Business, Energy and Industrial Strategy Committee. She heard, as I did, businesses argue for no deal, but in the main businesses say they recognise that the Prime Minister’s deal, while having many faults, is better than the continued uncertainty. Why is the hon. Lady not able to accept that contention from the businesses we have heard? Why does she think that her method of continuing the process is better than accepting what we heard businesses say?
I thank the hon. Gentleman for his intervention. He and the hon. Member for Eddisbury (Antoinette Sandbach) are fantastic members of my Select Committee—as are all the members. The deal has been rejected; all my amendment says is that, if we get to 26 February and we still have agreed not agreed a deal just 31 days before we are due to leave the European Union, we need at that point to have in place a mechanism to give us more time. That is simply what my amendment would do. It does not propose that we extend article 50 today and it does not come to a conclusion about the final deal, but it does say that we need time to get this right, to secure a deal so that we do not crash out without a deal. For business and, as other Members have said, for policing and security, we must avoid the chaos that we all know will occur if we crash out without a deal. I believe that the Prime Minister knows that, too. The amendment would give her and the Government the space to get the right deal.
The most obvious way to ensure that we do not leave without a deal is to take no deal on 29 March off the table. The way to do that is to put in its place this mechanism to extend article 50 if we get to 26 February without having secured a deal. It will give us the time we desperately need to get this right. It is exactly the opposite of the dangerous tactic of running down the clock and putting pressure on Members to agree a deal that many of us think and believe very strongly is a bad deal for our country.
(6 years, 8 months ago)
Commons ChamberWe heard a lot of evidence from the challenger companies. There are 60 suppliers in the energy market now, and while switching rates are not increasing fast enough, they are increasing. Does the hon. Lady share my concern that with a cap, there will be precious little incentive for people to look at alternative suppliers and change and that the rate of switching we have managed to get in recent years will start to fall back?
I hope that does not happen. Ofgem and the Competition and Markets Authority are putting the cap in place to make it easier for customers to switch. Northern Ireland, where there is a price cap, has as much switching as we do. The international examples suggest that we can have switching in a market that also has a price cap.