Outcome of the EU Referendum

Joan Ryan Excerpts

Monday 27th June 2016 Commons Chamber

[The Prime Minister]

I am very grateful to my hon. Friend for his remarks. I will continue to do everything I can to support BAE Systems. I enjoyed watching Typhoons fly over Cleethorpes on Armed Forces Day on Saturday. I will continue to work as hard as I can to ensure that we secure orders abroad.

[Joan Ryan (Enfield North) (Lab)]

The Mayor of London has rightly expressed his concern about the consequences that Brexit will have on the London economy, jobs and growth. Clearly, that is a concern for the whole country. Given that the financial sector relies on retaining passporting rights to the European market, will the Government guarantee that that will be a top priority for negotiations with the EU? Does the Prime Minister agree with the Mayor of London that London needs a seat at the table for the forthcoming negotiations with the EU?

[The Prime Minister]

As I said in my statement, the Mayor of London and the London Assembly should be involved. Financial services make up 7% of our economy. Two third of the jobs are outside London, and access to the single market is vital. I hope that they make their voice heard very strongly in making sure that we seek the closest possible relationship economically with Europe.