Industry: International Investment Debate

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Industry: International Investment

Baroness Kramer Excerpts
Tuesday 2nd June 2015

(9 years, 4 months ago)

Lords Chamber
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Baroness Kramer Portrait Baroness Kramer (LD)
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My Lords, this House will be aware that many small and medium-sized British companies depend on being the supply chain to foreign-owned companies located in the UK because of our membership of the EU. Is the Minister able to give me an assessment of their contribution to our GDP and how much would be at risk if we were to leave the EU?

Baroness Neville-Rolfe Portrait Baroness Neville-Rolfe
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The noble Baroness makes a very important point about the supply chain. The truth is that there are not a lot of data on these sorts of things, but I will take away the point that she makes and perhaps talk to her further about it.