Article 50 Debate

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Department: Cabinet Office

Article 50

Kelvin Hopkins Excerpts
Wednesday 29th March 2017

(7 years, 3 months ago)

Commons Chamber
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Theresa May Portrait The Prime Minister
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I can assure my hon. Friend that the Secretary of State for Environment, Food and Rural Affairs is working very closely with farming communities across the whole United Kingdom in looking at their interests for the future and the arrangements that will be put in place once we leave the common agricultural policy.

Kelvin Hopkins Portrait Kelvin Hopkins (Luton North) (Lab)
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I welcome the triggering of article 50, because it will make possible the democratic socialist future that I and many others have struggled for all their lives. The Prime Minister will be aware that we have a trade deficit with the EU of over £60 billion a year and another deficit of about £20 billion a year on investments, income and remittances, and that we are paying more than £10 billion a year in our contribution to the EU budget. That is total of £90 billion—a huge sum that amounts roughly to about £6,000 a year for a family of four. Does that not put Britain in a very strong position in the negotiations, specifically about trade?

Theresa May Portrait The Prime Minister
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I think we are in a good position on the trade negotiations, because companies in other EU member states can see the benefits of trade with the United Kingdom. I believe that there will be real benefit to both sides as we negotiate a good trade deal for both of us.