Referendums

Anne Main Excerpts
Monday 29th February 2016

(8 years, 9 months ago)

Commons Chamber
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John Redwood Portrait John Redwood
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With references and proper statistical bases. Those important facts should be put before the British people. Indeed, the Minister would be wise to do that from his own point of view—perhaps I should not help him as much as I am apparently trying to do. The Government have been rumbled on this. The press and a lot of the public are saying that they want factual, mature and sensible information setting out the risks of staying in, the risks of leaving and what it would look like in either case, but that is not what we are getting.

We have had another example in the past few days. We have been witnessing a long-term decline of the pound against the dollar for many months, because we are living through a period of dollar strength. In the past few days, when Brexit was in the news, we were told that the pound was going down because of fears about Brexit, whereas that was clearly not the case on other days when the pound had been going down. However, on those same days, the Government bond market had been going up. The prices of bonds had been rising and our creditworthiness was assessed as being better, but I did not hear the Government saying that the idea of Brexit was raising Britain’s credit standing. We could make that case just as easily as we could make the case that the fear of Brexit was leading to a fall in the pound.

That is the kind of tendentious information that I hope the Minister will reconsider if he wishes to keep up the normally high standards of Government documentation and use impartial civil service advice in the right tradition, which we in the House of Commons would like to see. I can see that a few colleagues are not entirely persuaded that those high standards are always met, but I shall give the Government the benefit of the doubt. I have certainly seen many Government documents that achieve higher standards than the ones on this matter.

I again urge the Minister to make sure that he leaves enough time in the action-packed timetable to produce high-quality, balanced information that includes the risks of staying in and the wild ride to political union that others have in mind, as well as what he sees as the risks of leaving. For instance, the Government should point out that if we stop paying the £10 billion of net contributions—money we do not get back—that will immediately improve the balance of payments by one fifth next year. Would that not be a marvellous advantage? I do not see it being pointed out in any of the current material in order to show some kind of balance.

Anne Main Portrait Mrs Anne Main (St Albans) (Con)
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My right hon. Friend is making a hugely powerful argument. The answer is quite simple: the Government do not want the facts in there—they do not want the British public to know. The British public will come to that conclusion, and it is not a good conclusion if we are to have a balanced debate on the referendum.

John Redwood Portrait John Redwood
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I fear that is right, but I also fear I am beginning to give the Government too much help. Obviously, I would like them to lose on this occasion, because I think we will be much better off if that happens. I will therefore vote with the Government, because 16 weeks is quite enough of “Project Fear” and of people misrepresenting a whole lot of things that are going on by saying, “These are the results of the fears of Brexit.” That will do the job I would like the Government to do and help the case I am trying to make, but the Government have a long way to go in the interests of good government and in meeting the legal requirements that they have placed on themselves to provide impartial information. I just trust that in the next few weeks they can lift their game.