Oral Answers to Questions Debate
Full Debate: Read Full DebateDepartment: Department for Exiting the European Union
Helen Goodman
Main Page: Helen Goodman (Labour - Bishop Auckland)Department Debates - View all Helen Goodman's debates with the Department for Exiting the European Union
(7 years, 11 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr David Jones
My hon. Friend is entirely right. The regulation is not designed for the British system. We intend to oppose it, but sadly it will be carried by a qualified majority vote.
Helen Goodman (Bishop Auckland) (Lab)
The OBR, the IMF, the Bank of England, the National Institute of Economic and Social Research and the London School of Economics all say that Britain’s share of world exports will fall post-Brexit. Does that not show how empty the Government’s rhetoric is about us being a global leader in world trade?
Mr David Davis
The hon. Lady should be very wary about taking economic assumptions underpinning a forecast as a statement of what is going to happen. The outcome after the Brexit process is over will depend very much on the deal we strike. That will be a good deal and there will be an increase in the amount of world trade we take.