Oral Answers to Questions

Peter Bone Excerpts
Tuesday 8th November 2016

(8 years ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
- Hansard - -

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
- Hansard - - - Excerpts

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.