European Union (Future Relationship) Bill

Lord Sterling of Plaistow Excerpts

3rd reading & 2nd reading & Committee negatived & 2nd reading (Hansard) & 2nd reading (Hansard): House of Lords & 3rd reading (Hansard) & 3rd reading (Hansard): House of Lords & Committee negatived (Hansard) & Committee negatived (Hansard): House of Lords
Wednesday 30th December 2020 Lords Chamber

[Lord Sterling of Plaistow (Con) [V]]

My Lords, when we last held a referendum on Europe in 1975, like many businessmen I strongly supported membership. The entrepreneur in me felt that to be part of a bigger bloc would give us the advantages that American companies already enjoyed in their huge home market. In the early 1990s, as president of a group representing European ship owners, I spent a great deal of time in Brussels meeting many Commissioners on a regular basis, and in the following years in connection with the European interests of my own company, P&O SN Co, I continued those meetings.

Why did I change my mind? Taking account of what I have just said, the original aim of it being a trading bloc has been lost. The European Commission is the sole initiator of policy, and the ambition of most in Brussels is a fully united Europe instead of a confederation of nation states. That is why I worked with Michael Gove, Boris Johnson and Gisela Stuart in the leave campaign—and, subsequently, with David Davis for four years, when he was Brexit Secretary. Our 40-year membership of Europe is a very short period in this country’s history. Many keep referring to our decision to reassert control of our own destiny as a divorce; I never understood why because we were never married—at most, we were engaged.

Power today is no longer about possessing territory and heavy industry; nor is it even dependent on having a large population. Increasingly, it is a corollary of the extraordinary advances in technology and the expansion of world trade through the ever-increasing global supply chain—economic strength is vital. One lesson I have learned in international commerce is as valid today as it ever was: trade is a natural human activity—as natural as communicating with each other. It should not be dictated by government bureaucracy. That is why this country has always believed that free trade and freedom are inextricably linked—a view strongly held by Margaret Thatcher. I have no doubt whatever that we can more than hold our own outside the EU, working closely through strong long-term relationships worldwide, particularly with the Commonwealth, the USA and the far east—and, of course, by enlarging and enhancing our trade relations with the European Union.

We must never forget the magnificent role of our armed services in defending our realm night and day. Hearing the comments of many others, I emphasise that Gibraltar is of extreme importance to the Royal Navy, and we must make certain that, in due course, this is addressed in a way that helps it and our interests.

I have never liked the word “deal”. In business, long-term relationships are founded on an agreement, where trust and respect are fundamental. At the announcement referred to by the noble Lord, Lord Butler, Ursula von der Leyen, President of the European Commission, spoke warmly about the ongoing relationship with partners in the United Kingdom. Many of us have deep friendships and family in continental Europe, and, with such sentiment, I have no doubt that our relationship will only deepen in the years to come.

I strongly welcome this agreement and congratulate the Prime Minister and all those involved in the negotiation. Having been involved in major negotiations in many ways over 50-odd years, I have to say that the Prime Minister’s judgment in the last two to three weeks before they came to an agreement, the risks he took and the courage he showed are something to be admired—

[Viscount Younger of Leckie (Con)]

The noble Lord is over the time limit.