European Single Market

Lord Rosser Excerpts

Thursday 9th December 2010 Lords Chamber

[Lord Rosser]

My Lords, on behalf of my noble friend Lord Tomlinson and at his request, I beg leave to ask the Question standing in his name on the Order Paper

[The Parliamentary Under-Secretary of State, Department for Business, Innovation and Skills (Baroness Wilcox)]

My Lords, I thank the noble Lord, Lord Rosser, for asking the Question. I am sorry—we are all sorry, I am sure—that the noble Lord, Lord Tomlinson, is not well enough to be here today. We wish him better.

The Government welcome the publication of the British Chambers of Commerce, Eight Ways to Make the Single Market Work. This is a valuable contribution to the debate on the single market, and it identifies a number of matters that should be prioritised as part of the single market Act. The Government will submit a response to the Commission’s consultation on the Act in the new year.

[Lord Rosser]

I thank the Minister for that response and for her kind wishes to my noble friend Lord Tomlinson. While to complete the single market and to make it work better are a priority for the British Chambers of Commerce, and for the Government, does the Minister acknowledge that to do so will mean additional, not lower, contributions to the EU budget, including additional contributions from the British Government?

[Baroness Wilcox]

We are at too early a stage to be able to answer questions of finance in this way. In the single market we have at our disposal an unparalleled resource that can provide a framework within which entrepreneurs and businesses can thrive. Therefore we must focus ruthlessly on the relaunch of the single market and ensure that it operates at its full capacity. Then, I think, it will be worth every penny.