EU Retained Law

Jonathan Edwards Excerpts
Wednesday 22nd June 2022

(2 years, 6 months ago)

Commons Chamber
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Jacob Rees-Mogg Portrait Mr Rees-Mogg
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I am grateful to my hon. Friend for his wise and witty suggestion.

Jonathan Edwards Portrait Jonathan Edwards (Carmarthen East and Dinefwr) (Ind)
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The Minister mentioned in his statement that he hopes that today’s proposals will reduce the cost of living, but is it not the case that the British Government’s post-Brexit policy is leading to reduced investor confidence and weakening the currency, which further fuels inflation? Would not a responsible Government, given the serious problems faced by households across the UK, stop shredding European regulations and rejoin the single market?

Jacob Rees-Mogg Portrait Mr Rees-Mogg
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No. The hon. Gentleman knows that I will not agree with that suggestion, because it would negate the referendum where a majority of people in Wales voted in favour of leaving, as did the majority of people in England. This is about reducing costs and taking burdens off. The single market is an extraordinarily regulatory organisation that boosts the costs of services and manufactured goods. To go back into it would make life more expensive and make things worse for British consumers.