Brexit: Single Market

Lord Howell of Guildford Excerpts
Wednesday 14th September 2016

(8 years, 3 months ago)

Lords Chamber
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Baroness Evans of Bowes Park Portrait Baroness Evans of Bowes Park
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My Lords, this really is not helpful. We have time to get a number of questions in. It is the turn of the Conservative Benches, then we will come to the Labour Benches. This really is not helping us make sure we can get our points across, and frankly it is not helping how the House looks to the public.

Lord Howell of Guildford Portrait Lord Howell of Guildford
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Would my noble friend explain to some noble Lords opposite a point they do not seem to have quite twigged? The single market in services is very weak in Europe—indeed, it hardly exists. This country’s GDP is 81% in services. We shall need to look for markets outside the single market if we are to expand our prosperity and future export earnings.

Lord Bridges of Headley Portrait Lord Bridges of Headley
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My noble friend makes an extremely good point about services and all these things. I confirm that we are looking at these issues through the prism of the United Kingdom economy as it currently is and the strengths I have already outlined.