EU: UK Settlement Debate
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Lord Spicer
Main Page: Lord Spicer (Conservative - Life peer)Department Debates - View all Lord Spicer's debates with the Foreign, Commonwealth & Development Office
(8 years, 6 months ago)
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Baroness Anelay of St Johns
My Lords, the noble Baroness is right to point to the fact that the deal is indeed in international law and therefore its terms are certain, and that, at the moment, those who wish to reject that deal have not set out the alternatives.
Lord Spicer
My Lords, in addition to the legal point made by the noble Lord, Lord Pearson, is there not a question of logic? Is it really possible to contemplate a genuine single market with one country having its own currency? If we stay in the European Union, is it not the case that ultimately we will be forced into the single currency?
Baroness Anelay of St Johns
My Lords, no, part of the agreement is that there is a protection for the United Kingdom to retain a veto to remain outside the eurozone.