(11 years, 9 months ago)
Commons ChamberThey have come in as a consequence of our membership of the European Union and the move towards a single market based on clear ground rules, including the fair treatment of workers. I will say it once again: if Government Members want the repatriation of the legislation that protects workers’ rights so that they can cut that protection, they should say so.
My final point relates to the immense economic damage that this debate will cause. I have worked with the automotive industry for many years.
The hon. Gentleman is making his case very eloquently, and I congratulate him on doing so. I do not agree with him, but that is another issue. I am curious as to which way he would vote in a referendum if we had been able to negotiate the return to the United Kingdom of some of those regulations.
What I certainly will oppose is the madness of saying now that we are going to have a referendum on an in/out basis in five years’ time, for exactly the reason that 82% of the cars that we produce in this country, through our world-class success story that is automotive, are exported—and half to the European Union. Key to the future of the industry is inward investment, and key to inward investment is continuing membership of the European Union. There is already a chorus of concern from Ford and BMW, for example, about the grave consequences of prolonged uncertainty, while the director general of the Engineering Employers Federation has said that this is the worst possible way to go about negotiations, as it will weaken any negotiating leverage we need rather than strengthen it.
That is why I believe that the good Lord Heseltine is right and the Prime Minister is fundamentally wrong. With an economy bumping along the bottom and a triple-dip recession possible, this is the worst possible time for prolonged uncertainty, which will inevitably impact on crucial investment decisions. Far from standing up for Britain, as the Prime Minister says he is doing, he is putting party interest before the public interest, and he runs the risk of doing great damage to the economy of our country.