EU Referendum Rules
Debate between David Lammy and Tom Brake(8 years, 4 months ago)
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Tom Brake (Carshalton and Wallington) (LD)
Will the hon. Gentleman give way?
Mr Lammy
I have said that I should make some progress. Others have got to get in to make important contributions.
The other point is that uncertainty is bad for business and our economy. Last week a survey by Lloyds found that business confidence has dropped to its lowest level since December 2011. Uncertainty in Government is also bad news. If the whole of Whitehall is focused on trying to work out Brexit and then on trying to deliver it, where will the capacity be to tackle many other urgent issues that the country faces—the crisis in the NHS, youth unemployment, infrastructure and the rebalancing of the economy? Last week massive cuts to apprenticeships were announced. We need working-class young people to move into apprenticeships. How are we going to achieve those things when every Department is consumed with the subject of Brexit?
I am here on behalf of my constituents, and that is why I am very clear about the issue. Ordinary working people on low incomes will suffer the most in the man-made recession to come. As always, people who are living pay cheque to pay cheque, just about keeping their heads above water and making ends meet in insecure jobs will bear the brunt of any economic downturn. When unemployment rises tax receipts will fall. NHS spending, wages and investment will fall, and after years of austerity the Government will not have the money for a fiscal stimulus, or to provide a proper welfare safety net. People have been talking about agricultural areas. In counties such as Norfolk, which relied on EU subsidies, some people have been asking “Are we still going to get the EU subsidies?”