Oral Answers to Questions

Jeremy Lefroy Excerpts
Thursday 27th June 2019

(4 years, 9 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
John Bercow Portrait Mr Speaker
- Hansard - - - Excerpts

The hon. Gentleman is a very busy fella, with a full diary. We are all greatly impressed.

Jeremy Lefroy Portrait Jeremy Lefroy (Stafford) (Con)
- Hansard - -

One of the major risks of leaving without a deal, which I very much hope will not happen, is cash-flow problems, particularly for small and medium-sized businesses. I had understood that the Treasury and the whole Government were making plans to ensure that additional cash flow would be made available, particularly for SMEs, for delays in payments, customs dues and so on. But at the Exiting the European Union Committee yesterday, we heard from all witnesses that they were not aware of any such plans for their members. Can the Minister set out clearly what those plans are and when they will be made known?

James Cleverly Portrait James Cleverly
- Hansard - - - Excerpts

The Government absolutely remain committed to ensuring that businesses, whether they are large, small or medium-sized, thrive in any Brexit-related scenario. The Governor of the Bank of England has said that we are well prepared. I will ensure that more details are circulated about what mitigating measures the UK Government will put in place for small and medium-sized businesses.

--- Later in debate ---
Kwasi Kwarteng Portrait Kwasi Kwarteng
- Hansard - - - Excerpts

What I endeavoured to suggest was that the Government would continue to support those industries. We cannot guarantee a specific payment, as the right hon. Gentleman suggests, but there is a broad commitment to support those industries, as we have done for more than 80 years.

Jeremy Lefroy Portrait Jeremy Lefroy (Stafford) (Con)
- Hansard - -

Data flows are absolutely vital for business, for health and for security, and in many other areas, but the problems would be immense in the case of a no-deal Brexit. We heard yesterday in the Exiting the European Union Committee that, even in the case of leaving with a deal, the UK would no longer have any influence over the general data protection regulation, even though the GDPR is becoming a standard right around the world, well outside the European Union. Is this a case of giving up control or taking back control?

Steve Barclay Portrait Stephen Barclay
- Hansard - - - Excerpts

My hon. Friend makes an important point about data adequacy and the EU Commission’s position on that. Unilateral action can be taken to put standard contractual terms in place, for example, which a lot of firms and organisations have done. The wider point, however, is that 40% of the EU’s data centres are within the UK, and many of the underground cables carrying data go through UK waters. It is important to remember that there are reciprocal benefits in coming to sensible arrangements on data adequacy, because not having a flow of data would be devastating to many European firms if they were to find themselves unable, for example, to send personal data linked to tourists. That is just one of the many examples that I could cite.