European Union (Notification of Withdrawal) Bill
Debate between Neil Coyle and Chris Leslie
Committee: 1st sitting: House of Commons
Monday 6th February 2017
Read Full debate European Union (Notification of Withdrawal) Act 2017 View all European Union (Notification of Withdrawal) Act 2017 Debates Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: Corrigendum to the Committee of the whole House Amendments as at 6 February 2017 (PDF, 57KB) - (6 Feb 2017)
Monday 6th February 2017
(7 years, 9 months ago)
Commons ChamberRead Full debate European Union (Notification of Withdrawal) Act 2017 View all European Union (Notification of Withdrawal) Act 2017 Debates Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: Corrigendum to the Committee of the whole House Amendments as at 6 February 2017 (PDF, 57KB) - (6 Feb 2017)
Chris Leslie
I really hope that that is the case. I absolutely share the hon. Gentleman’s aspiration, but he should look at the press releases from HSBC, Lloyd’s of London, UBS and J.P. Morgan. These are not alternative facts; this is the real truth. These are people’s jobs and this is revenue for our country that we will potentially lose.
Neil Coyle (Bermondsey and Old Southwark) (Lab)
It is not talking down the City of London to highlight the report by TheCityUK emphasising that the best-case scenario, under the Government’s plan, is for 7,000 jobs losses, but that the worst-case scenario could be more than 70,000 job losses. That is not talking the City down but making the economic case for securing the best deal.