Next Steps in Leaving the European Union Debate
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Daniel Zeichner
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Next Steps in Leaving the European Union
Daniel Zeichner Excerpts(8 years, 2 months ago)
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Mr Davis
We will be engaging with local government—including on that report, I imagine. I say this to the hon. Lady, however: beyond 2020 there will be a new EU budget round. As it stands, it is not at all clear that that will be as generous as the current one. I do not think that she should extrapolate based on today’s numbers.
Daniel Zeichner (Cambridge) (Lab)
The Secretary of State will be aware of the importance of the life sciences and pharmaceutical industries to our economy. He will also be aware of the comments of the chief executive of AstraZeneca over the weekend, who warned that if we are not part of the European common approvals process the cost of drugs to the NHS will rise. Is the chief executive of AstraZeneca right on that? If so, that is less money for the NHS, so how much does the Secretary of State think that is going to cost us?
Mr Davis
I am not in a position to do those sums for the hon. Gentleman, but I will tell him that that is one of the things that we will seek to get standardised. There will be a number of areas such as life sciences where we have a big interest. We are, after all, the largest life science centre in Europe, so that will be front and centre of our negotiations.