Exiting the EU: Costs Debate

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Department: HM Treasury

Exiting the EU: Costs

Desmond Swayne Excerpts
Wednesday 29th November 2017

(6 years, 12 months ago)

Commons Chamber
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Elizabeth Truss Portrait Elizabeth Truss
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The hon. Gentleman will be aware that considerable work is taking place across Government, but it would be wrong to cut across our negotiators in the deal they are seeking to strike. It is in our country’s interests to reach the point where we are talking about our long-term economic relationship with the European Union.

Desmond Swayne Portrait Sir Desmond Swayne (New Forest West) (Con)
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My right hon. Friend should not pay more than we owe, but she should be confident that, whatever that is, it is a bargain against the cost of staying in.

Elizabeth Truss Portrait Elizabeth Truss
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My right hon. Friend makes a good point. Were we to stay in, the costs would be considerably higher than any amount we are talking about as part of our negotiations.