Article 50: Parliamentary Approval Debate

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Department: HM Treasury

Article 50: Parliamentary Approval

Lord Tyrie Excerpts
Monday 11th July 2016

(7 years, 10 months ago)

Commons Chamber
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John Penrose Portrait John Penrose
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I think that I am not being over-cynical if I wonder whether a proposal by 1,000 lawyers for a commission to deliberate at length might be a delaying tactic. The concern will be not to tie the hands of the incoming Prime Minister or her negotiating team in how we approach this matter. As the hon. Member for Sheffield, Heeley (Louise Haigh) rightly pointed out, we must ensure that whatever we do and however we handle this, we aim to get the best deal possible for this country with not just other European member states, but other countries in the world.

Lord Tyrie Portrait Mr Andrew Tyrie (Chichester) (Con)
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Quite a bit of controversy is already breaking out and we have scarcely started this debate. The Minister has been doing a great job with his outpouring of common sense on a heap of these questions. Will he confirm that all common sense points to not triggering article 50 until it is in the UK’s national interest to do so, as the Treasury Committee has reported, and as the Governor of the Bank of England and many people who have been closely involved with these issues have concluded?

John Penrose Portrait John Penrose
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I am happy to confirm that this is not a question of “if” we leave the EU but “how”, so the calculation that we—particularly the new Prime Minister and her team—need to make is about the best way to structure and time negotiations to maximise our leverage. I am sure that the incoming Prime Minister will have read the Committee’s report with great care, as have we all, and will take those factors into consideration.