Oral Answers to Questions

Peter Bone Excerpts
Tuesday 8th November 2016

(8 years, 1 month ago)

Commons Chamber
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Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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Does the Minister agree that since the referendum, manufacturing has already had a Brexit dividend as a result of the fall in the value of the pound, which makes our exports much cheaper and imports more expensive, so people who produce stuff in this country have a price advantage already?

Nick Hurd Portrait Mr Hurd
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My hon. Friend makes a valid point. The CBI surveys and others are encouraging, but we are determined not to be complacent. Clearly, Brexit raises a number of questions and there are a number of concerns out there in sectors across the economy. It is the responsibility of this Department to engage fully with the sectors to understand their priorities for the negotiations.