UK-EU Future Relationship Negotiations and Transition Period Debate

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Department: HM Treasury

UK-EU Future Relationship Negotiations and Transition Period

Mick Whitley Excerpts
Monday 7th December 2020

(3 years, 11 months ago)

Commons Chamber
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Penny Mordaunt Portrait Penny Mordaunt
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I can give my hon. Friend those assurances. That is one of the main motivating factors as to why people wanted to leave the EU. Many other reasons related to the EU’s trade policies, protectionism and their impact on developing nations in particular. I will happily join my hon. Friend in praising the International Trade Department, which has had a huge amount of work to do in not only forging new trade relationships, but rolling over and improving existing arrangements with many nations. That does not often make the press, but it is a substantial amount of work and the Department has done an excellent job.

Mick Whitley Portrait Mick Whitley (Birkenhead) (Lab)
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The covid-19 pandemic has led to a tsunami of job losses in the British manufacturing sector, and thousands more will be lost if tariffs are slapped on British goods. What steps are the Government taking to help British manufacturers make the critical investment needed to save jobs and skills and to compete internationally in the event of a no-deal Brexit?

Penny Mordaunt Portrait Penny Mordaunt
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I reiterate that we are working to get a deal, and the issues raised by the hon. Gentleman are at the forefront of our mind as we do that. The Department for Business, Energy and Industrial Strategy has done a huge amount: it has sector committees and structures, and it is working hand in glove with the sector, listening to its needs. That is, obviously, informing policies produced from the Treasury and elsewhere. As we enter a new year and a new start, we want to ensure that exactly those types of businesses, particularly those that have been eroded in certain parts of the country, have what they need in order to have a renaissance. That will be our focus in the new year.