Leaving the EU: Airbus Risk Assessment Debate
Full Debate: Read Full DebateJack Lopresti
Main Page: Jack Lopresti (Conservative - Filton and Bradley Stoke)Department Debates - View all Jack Lopresti's debates with the Department for Business, Energy and Industrial Strategy
(6 years, 5 months ago)
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The hon. Gentleman should be more constructive. Given that the whole country—the United Kingdom—voted to leave the European Union, we should be engaged in making sure that we have the best deal possible. I talk regularly with colleagues in Wales about what is required in the terms of that agreement. He should contribute to that, rather than wishing away the results of a referendum that clearly he did not want.
If Airbus makes good on its ridiculous threats—and I do not think it will for one minute—how much of the billions of pounds of taxpayer subsidy, paid for by the British taxpayer, would it have to pay back?
I disagree with my hon. Friend. I think that the company has set out what it requires to be agreed in the negotiations so that it can continue to prosper. It is true that the company, like most companies in the aerospace sector, has been part of a successful investment with the Government in innovation and training. That is one foundation of our success, and I very much want that to continue.