Oral Answers to Questions Debate
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Nicholas Dakin
Main Page: Nicholas Dakin (Labour - Scunthorpe)Department Debates - View all Nicholas Dakin's debates with the Department for Exiting the European Union
(6 years, 3 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Suella Braverman
My hon. Friend is right to point out that investment is crucial for the economic future of our nation and of the wealth creators in our country. The UK believes it may be mutually beneficial to maintain some form of ongoing relationship with the European Investment Bank, and we are exploring those options now.
Nic Dakin (Scunthorpe) (Lab)
What assessment have the Government made of the costs to international and domestic business of preparing, amidst the chaos of this Government, for all the possible outcomes of new relationships with the EU?
Suella Braverman
As has been set out this morning on many occasions, the Government are carrying out extensive preparations for all outcomes. No deal is not our objective, but we are preparing for that scenario, as is responsible and expected. Our future framework White Paper, however, sets out how we see our economic relationship working with the EU so that UK and EU businesses can continue to trade fruitfully as we leave the EU.