EU Exit: Future Relationship White Paper Debate
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Baroness Wheatcroft
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EU Exit: Future Relationship White Paper
Baroness Wheatcroft Excerpts(5 years, 9 months ago)
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Baroness Wheatcroft (Con)
My Lords, the Statement refers to the “flexibility” that we will retain on financial services and the services sector generally, but the White Paper acknowledges that in doing so we will reduce our access to EU markets. Could the Minister put a figure on the cost of this change?
Lord Callanan
We want a deep and ambitious partnership on financial services. I set out earlier exactly how we see it working. We think that is in the interests of both parties, but it is impossible to put a cost on or indeed outline the benefits of anything until we have agreed it.