UK-EU Negotiations Debate

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Department: Cabinet Office
Thursday 18th June 2020

(4 years, 4 months ago)

Lords Chamber
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Lord True Portrait Lord True
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My Lords, my noble friend is a powerful advocate on behalf of the good people of Gibraltar. I can assure her that the interests and position of Gibraltar are very much in the mind of the Government in the course of this negotiation.

Baroness Andrews Portrait Baroness Andrews (Lab) [V]
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My Lords, my noble friend Lady Hayter has laid out the risks facing this country from no deal. Despite all the Prime Minister’s clichés, it is clear from the Statement’s tone and lack of substance that we are nowhere near resolving the fundamental issues necessary for a good deal, and it was clear in the Minister’s tone that he has suggested that he would accept that. The Prime Minister is still arguing that an extension is not in the national interest, so can the Minister explain how the national interest would be better served by a no-deal exit, because that is increasingly the most likely and the most dangerous outcome for the country?

Lord True Portrait Lord True
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My Lords, I simply do not agree with the characterisation of no deal—in any case, we left the European Union with a deal on 31 January 2020; we are now in a transition period. I greatly respect the noble Baroness and understand the point that she is trying to make, but uncertainty is the worst enemy of business. I point to what was said last week by Dame Carolyn Fairbairn of the CBI, who was not exactly canvassing shoulder to shoulder with me in the Brexit campaign:

“Business does not have any interest in delaying that”—


that is, the transition—

“because that is uncertainty magnified … we have supported the Government’s timetable and most businesses—not all, but most—still recognise the value of getting to a conclusion.”

That is the voice of business, from someone who was very much on the other side of the argument before the referendum.