Deidre Brock
Main Page: Deidre Brock (Scottish National Party - Edinburgh North and Leith)Department Debates - View all Deidre Brock's debates with the Leader of the House
(7 years, 7 months ago)
Commons ChamberMy hon. Friend the Minister for Housing and Planning is taking this matter very seriously. I shall draw the hon. Gentleman’s concern to his attention, but I assure him that my hon. Friend is on top of the issue.
The Leader of the House will be aware that paragraph 25 of the European Parliament’s draft motion on Brexit makes it clear that passporting for financial services will not be countenanced. Financial services are of key importance to Edinburgh and to many of my constituents who work in the sector. May we have a debate in Government time to hear how the UK Government intend to support our financial services organisations, which are facing serious disruptions?
I refer the hon. Lady to the Prime Minister’s letter yesterday, which made explicit mention of our objective of securing trade access for our financial services and, of course, reciprocal rights for financial services firms based in other European Union countries. The hon. Lady temps me to speculate about a forthcoming negotiation; as she knows, that is not something I am prepared to do.