UK Plans for Leaving the EU

Peter Bone Excerpts

Monday 9th October 2017 Commons Chamber

[The Prime Minister]

Nice bid, as the Secretary of State says. Let me say to the hon. Gentleman—[Interruption.] Well, he changed from “not losing out” to “additional money” in his question. We have been very clear in relation to a number of elements where people currently receive funding related to the EU, such as under the common agricultural policy and structural funds, that we will meet any agreements entered into before we leave the European Union—in relation to the structural funds, as long as they meet UK priorities and are value for money. Thereafter, once we are outside the EU, it will be for us here in the UK to decide how we wish to ensure that different parts of the country are supported in the way that is necessary for them. What I have put forward is that there should be a shared prosperity fund, which will look at the diversity and disparity within regions and between regions, and we will act accordingly.

[Mr Peter Bone (Wellingborough) (Con)]

Last week, I met a leading UK industrialist and we discussed Brexit and the hundreds of thousands of people employed in the sector in this country. Although he wanted to see an agreement and understood entirely the Prime Minister’s implementation period, he is concerned that, if no agreement is reached, it is no good saying that on 29 March 2019—he needs to know now what Brexit without a deal would look like, so that he can plan for that eventuality. He asked whether the Prime Minister could publish those plans prior to Christmas.

[The Prime Minister]

I recognise the concerns people have about ensuring they know what the situation is going to be. The Government are working on what steps will be necessary for whatever the eventuality—whether we do negotiate a deal or whether we do not—and in doing that we are holding discussions with business.