G20

Craig Whittaker Excerpts

Monday 17th November 2014 Commons Chamber

[The Prime Minister]

What has led me to be so precise about this is the very clear statement by the EU Commissioner concerned that it is absolutely within our gift to leave parts of the public sector without these arrangements. I think that many people are raising concerns about the transatlantic trade and investment partnership which simply do not apply. I think that we, as elected politicians, should take on the arguments and deal with them one by one. Otherwise we shall face the risk of not receiving the benefits of TTIP, which could lead to growth and jobs in all our countries.

[Craig Whittaker (Calder Valley) (Con)]

Given that nearly 20% of my working constituents work in manufacturing, and given our low unemployment rate of 1.8%, I think it is safe to say that Calder Valley is punching well above its weight in terms of helping the UK economy. How worried need we be about the current slowdown in the world economy?

[The Prime Minister]

Our economy is performing well. We have seen growth of 3% this year, a fall in unemployment, the establishment of more businesses, and good business investment figures. However, I think we should be concerned about the situation in the eurozone. According to the most recent statistics, in the third quarter of 2014 Italy’s economy shrank by 0.1%, Germany’s grew by just 0.1%, and the euro area as a whole grew by 0.2%. Those are very soft and worrying figures. We need to see not just the United States growing, but the European Union—which is one of the engines of the world economy—firing up properly.

Let me return to the issue of TTIP. It is notable that the former EU Trade Commissioner Karel De Gucht said this in a BBC interview:

“Public services…there is no problem about exemption. The argument is abused in your country for political reasons but it has no grounds.”

I think it is important that that has been said.