EU Retained Law Debate
Full Debate: Read Full DebateMargaret Ferrier
Main Page: Margaret Ferrier (Independent - Rutherglen and Hamilton West)Department Debates - View all Margaret Ferrier's debates with the Department for Exiting the European Union
(2 years, 2 months ago)
Commons ChamberYes. I am grateful to my hon. Friend, because that is a very important point. Free trade benefits the receiver of free trade. Just because the EU makes it harder for us to export to it is no reason to retaliate in kind. All that does is make things more expensive for our consumers and our businesses. That is why, on 1 July, we will not impose the full set of controls that the EU imposes on us. We are looking to a single trade window by the end of 2023, which will lower the barriers to trade from around the world and improve the fluidity of our borders. Why? Because that benefits our economy, even if we do it unilaterally, and that is fundamentally important. The EU has never understood that, and it is why it is such a high-cost area.
I thank the right hon. Member for the statement. I am a member of the European Scrutiny Committee, to which he gave evidence on this subject a couple of months ago. The Treasury has announced reforms to the Consumer Credit Act 1974 as part of this package. In the current economic climate, it is imperative that vulnerable consumers be adequately protected, particularly when it comes to credit agreements. Will the Minister confirm how the Government expect to ensure full consultation with traditionally hard-to-reach groups?
I do not know if the hon. Lady will particularly want a compliment from me, but she is one of the most assiduous attenders in this House. She fights for constituents who face difficulties, holds Ministers to account, and ensures that people’s concerns are brought to this House, and while I may not agree with her overarching political philosophy, that is what we Members of Parliament are here to do. We are the champions of hard-to-reach people; we hold Governments to account; and we ensure that the result is included in Bills as they make their way through Parliament. The hon. Lady, dare I say it, is a model of how this can be done.