European Council

Neil Carmichael Excerpts

Monday 23rd March 2015 Commons Chamber

[The Prime Minister]

We have spent about £800 million helping refugees in Syria, which makes us the second largest bilateral donor to the programme. We have taken 140 people under the vulnerable persons relocation scheme, and it is right that we have done that, but we have to be frank with ourselves and with the public. In a refugee crisis of this scale, which runs into millions of people, the idea that even a small part of the solution is for our country to take in hundreds or thousands is completely wrong.

[Neil Carmichael (Stroud) (Con)]

Does the Prime Minister agree that inward investment from the European Union, including Sartorius Stedim investing in my constituency, is a sign that Europeans believe in a reformed European Union and that we have a large number of allies in Europe who want to reform the EU in a constructive way, ready for a referendum?

[The Prime Minister]

My hon. Friend makes the important point that Britain is a magnet for inward investment. In fact, we are getting 50% more inward investment than either France or Germany, the next two biggest recipients of such investment. The interesting point is that, since I made my Bloomberg speech and that referendum commitment, there has been no sign of change in the inward investment from countries in the rest of the world coming into the United Kingdom, because they know that it is right to hold that renegotiation and that referendum.