Oral Answers to Questions Debate

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Department: Department for Education

Oral Answers to Questions

Peter Bone Excerpts
Thursday 24th October 2013

(11 years ago)

Commons Chamber
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Vince Cable Portrait Vince Cable
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Nissan has been very clear on the subject—on its behalf, the Japanese Government have made exactly the same point that they do not want the re-imposition of tariffs. However, there is no evidence so far that our policy is discouraging Nissan. Its investment in the UK continues at a high level. I continue to welcome that.

Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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Is the House seriously going to believe that the Secretary of State believes that, if this country were not in the EU, we would not have a free trade agreement with it? Does he expect the House to believe him?

Vince Cable Portrait Vince Cable
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I know the hon. Gentleman’s position, but that is the not the issue. The issue is certainty. There is a lot of risk in the business world. Reopening the matter creates massive uncertainty for employers and makes it even more difficult for them to invest.