Oral Answers to Questions

Bob Blackman Excerpts
Thursday 14th July 2016

(8 years, 4 months ago)

Commons Chamber
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Andrea Leadsom Portrait Andrea Leadsom
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Our central assessment is that the impact on bills could be up to £28, but our impact assessment also shows that if we did nothing, further power station closures could add a further £46 to consumer bills. We believe that this auction is good value for consumers, and it provides the energy security on which we all rely.

Bob Blackman Portrait Bob Blackman (Harrow East) (Con)
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What opportunities does my hon. Friend see for both inward investment and selling our services abroad as a result of breaking free of the shackles of the EU?

Andrea Leadsom Portrait Andrea Leadsom
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I personally believe there will be huge opportunities. We now have the chance to negotiate free trade deals with the rest of the world. We have the opportunity to determine policies for energy without the need to constantly look for EU state aid. The opportunities for the future are enormous, and I look forward to being able to promote UK plc in the world.