European Council

Crispin Blunt Excerpts

Monday 17th December 2018 Commons Chamber

[The Prime Minister]

It is important that we recognise when we have a referendum in this country that we do not say to people, “Well, if it comes out with the result that most people in Parliament want, we will accept it, and if not, we won’t.” We accept the results of referendums in this country. Given that the majority of Members of this House stood last year on manifestos that said they would respect the result of the referendum, we should do that.

[Crispin Blunt (Reigate) (Con)]

The certainty of World Trade Organisation terms from 29 March, without even including the opportunity for tariff-free trade under article 24 of the general agreement on tariffs and trade and the immediate opportunity to negotiate and conclude free trade agreements with the EU and the rest of the world, hardly sounds like an outcome to be avoided at all costs, and certainly not like a disaster. The extent of any disruption from a move to WTO terms depends on the policies of our European Union partners. If it becomes clear on Wednesday that their preparations appear to make transition more difficult, not easier, will the Prime Minister make sure that of the £39 billion that we would otherwise pay to the EU, the first charge is for British businesses affected by their policies? Will she show the first flash of steel by making it clear that she will at least consider that the £1.2 billion of sunk costs in the Galileo project might also come into consideration?

[The Prime Minister]

The work on the financial settlement that led to the £34 billion to £39 billion—significantly less than the £100 billion that was being talked about at European Union level at one stage—did of course take into account all the aspects of the contributions that the United Kingdom has made into the European Union over the number of years of our membership. As a result of the tough negotiations that the UK undertook, we have seen a significantly smaller sum of money than the one that the European Union initially thought of.