European Council

Emma Reynolds Excerpts

Tuesday 14th March 2017 Commons Chamber

[The Prime Minister]

I was clear in the Lancaster House speech that no deal was better than a bad deal. I am optimistic that we will be able to negotiate a good deal, but my hon. Friend is absolutely right of course that there are other parties to this, and it is not just about what we say. There will be a negotiation about that trade arrangement, and I can assure him that in coming to an agreement on that arrangement I and others in Parliament—the Secretary of State for Exiting the European Union, the Secretary of State for Business, Energy and Industrial Strategy—are talking to businesses across the United Kingdom to understand the issues that are most important to them.

[Emma Reynolds (Wolverhampton North East) (Lab)]

The Prime Minister said again just now that no deal is better than a bad deal, but what possible deal is worse than no deal, and can she describe it?

[The Prime Minister]

We are about to enter into a negotiation with the remaining 27 members of the European Union. As part of that, we will be negotiating a trade deal for our future relationship with the European Union. I confidently expect that we will get a good deal. [Interruption.] Somebody says “You hope” from a sedentary position. It is precisely because of the answer I gave to my right hon. Friend the Member for Wokingham (John Redwood): this is not a one-sided negotiation. It is not just about what is going to suit the UK; it is about what is right for the future relationship between the UK and the EU, and a good trade deal for the UK is a good trade deal for the EU.