(10 years, 1 month ago)
Commons Chamber I shall not be repetitive at all, Madam Deputy Speaker. I agree with my hon. Friend.
Many companies in Korea, China, the United States and elsewhere around the world wish to invest in Europe. They will be looking closely at whether to invest in this country when there is uncertainty over our staying in the single market. This is a vital issue, and it is time the Conservatives understood that their proposal poses a threat to inward investment, jobs and prosperity. Millions of people in this country work for foreign companies that have come here to invest and to gain access to the European single market. This country is outward looking and global; it has a stable society and the rule of law. It is also involved in the largest single market in the world, on a continent of 500 million people. Half our trade is with the European Union. The Bill represents a threat to that and to the jobs and prosperity of our people. That is a flaw in the Bill.
I have talked about the proposed date, and I will say more about that another time.
The hon. Lady will have to wait and see whether there is a vote. I am waiting to see what happens. She will not have long to wait.
There are many flaws in the Bill, and it needs to be significantly improved if it is to be in the interests of our people and our country. I have already mentioned the House of Lords vote earlier this year to change the wording of the question that will be asked in the referendum back to the original wording proposed by the Electoral Commission. I was going to mention the original Government proposal put forward by the Conservative party, but of course it was not a Government proposal; it was a Conservative proposal. I have to keep reminding myself that we are in the bizarre position of having a private Member’s Bill being used as a device for introducing what ought to be a Government Bill. I agree that it should be a Government Bill. We should not be abusing the private Members’ Bill procedure by doing things like this. Many Conservative MPs have been forced to come here today. They have been whipped to come here on a Friday morning and eat bacon butties when they should be out campaigning in Rochester and Strood. Instead, they have to be here because they have been whipped to come and vote on a private Member’s Bill. That is absurd.