Leaving the EU: Economic Impact of Proposed Deal
Debate between Michael Fallon and Mel Stride(5 years, 7 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
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Sir Michael Fallon (Sevenoaks) (Con)
Will the Financial Secretary undertake to publish to the House, in good time for the meaningful vote, the decisions that he and his colleagues are currently taking on the tariffs that would apply in the event of no deal, including which industries would be protected, at what rate, and what the impact would be on prices?
Mel Stride
Tariff policy in the event of no deal is clearly something that we are heavily engaged with. My right hon. Friend rightly identifies the aspects or elements of tariffs that relate to protecting domestic producers, and that of course will be a very important part of the considerations that we are undertaking at the moment. We will come to the House in due course with the details of those tariffs.
Oral Answers to Questions
Debate between Michael Fallon and Mel Stride
Michael Fallon
It is Ofgem that made the reference, so I do not follow the hon. Lady’s logic. We have strengthened the powers of the regulator, and for the first time ever, the regulator has referred the energy markets to the competition authorities. That is evidence of a strong regulator doing its job.
Mel Stride (Central Devon) (Con)
13. What steps the Government is taking to ensure security of energy supply.