European Council 2016 Debate

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Department: Cabinet Office

European Council 2016

Chris Leslie Excerpts
Monday 19th December 2016

(8 years ago)

Commons Chamber
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Baroness May of Maidenhead Portrait The Prime Minister
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With his experience, my right hon. Friend recognises that it is about not just agreeing a resolution, but ensuring that it is then implemented, so that making humanitarian aid available to people and enabling them to leave safely can be put into practice. I assure my right hon. Friend that we recognise the importance of getting momentum going on this. It will be important to do that over the coming days and weeks. Our focus on it will continue.

Chris Leslie Portrait Chris Leslie (Nottingham East) (Lab/Co-op)
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May I ask the Prime Minister about the risks of the cliff-edge in April 2019, which is already prompting some of our key financial institutions, such as Lloyd’s of London, to think about moving some of their business out of Britain? Does she agree with the Chancellor, who said that it would be helpful if we started to discuss a transitional arrangement going beyond that particular deadline, and started discussing it now?

Baroness May of Maidenhead Portrait The Prime Minister
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The Chancellor reflected the comments I made when I spoke to the CBI, recognising the desire for business to have some certainty beyond that point of leaving the European Union. That is one of the reasons why we have already announced that we are going to bring EU law into domestic law in the UK at that point, so that people can have some certainty about the point of movement from membership of the European Union to being outside it.