Lord Spicer
Main Page: Lord Spicer (Conservative - Life peer)Department Debates - View all Lord Spicer's debates with the Home Office
(8 years, 6 months ago)
Lords Chamber
To ask Her Majesty’s Government what estimates they have made of the impact of the alternative outcomes of the European referendum on a decision to build a third runway at Heathrow airport.
My Lords, the outcome of the EU referendum for particular sectors, including the UK’s aviation sector, would depend on the relationship agreed between the EU and the UK if there was a vote to leave. This would have to be negotiated using the detailed processes set out in the EU treaty. It is the Government’s position that the UK will be stronger, safer and better off in a reformed EU. The Government have already accepted the case for airport expansion in the south-east and we are continuing to consider the three shortlisted options.
My Lords, I am not quite sure what that means, but it was a difficult Question. I have enormous respect for my noble friend. Does he think that if we left the EU the growth of air traffic would be so great that, with British businessmen going around the world creating new markets, it is questionable that building just a single new runway would be sufficient?
I ask him further whether today’s Treasury forecast is not just the latest in a long line of famous people producing similar forecasts. I once earned my living out of econometric forecasting, and I am ashamed because it is somewhere between sophisticated guesswork and mendacity.
I thank my noble friend for his persistence on this issue. He talked of more than one runway, and I am reminded of the words in “Oliver Twist”, “You want more?”. Nevertheless, we await the final decision. As I have said to the House on a number of occasions, we are moving forward on the recommendations of the Davies commission, and we will conclude further work in this respect by the summer.