All 1 Debates between Julia Lopez and Kwasi Kwarteng

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Debate between Julia Lopez and Kwasi Kwarteng
Thursday 16th May 2019

(5 years, 7 months ago)

Commons Chamber
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Julia Lopez Portrait Julia Lopez (Hornchurch and Upminster) (Con)
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Financial services are a critical part of the UK’s economy and one of our top exports. Will my hon. Friend confirm that the withdrawal agreement does not include a specific section on financial services and that access to the EU market after any transition would be a matter of separate negotiation? Will he update the House on his most recent discussions on the issue with his EU counterparts?

Kwasi Kwarteng Portrait Kwasi Kwarteng
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The withdrawal agreement is not the end state of the relationship between the UK and the EU; it is merely a mechanism to get to that end state. In a free trade agreement, which I hope we get, our financial services will absolutely be able to have more freedom. They have a brighter future outside the EU than within it.