Customs and Borders Debate

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Department: HM Treasury
Thursday 26th April 2018

(6 years, 6 months ago)

Commons Chamber
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Yvette Cooper Portrait Yvette Cooper
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They are, and it is perhaps unsurprising that they should do so, because businesses will make investments, they will take a precautionary approach, and they will look for the best way to protect their trade at a time of such huge uncertainty about what might happen to trade that we want to pass through the UK. We will see more and more of those consequences, therefore, particularly if we do not get answers and decisions soon.

Rachael Maskell Portrait Rachael Maskell (York Central) (Lab/Co-op)
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Does my right hon. Friend agree that the biggest threat of all is the threat to jobs, as businesses are making their investments elsewhere in mainland Europe as opposed to the UK now, let alone in the future?

Yvette Cooper Portrait Yvette Cooper
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I do, and I think this is also particularly about our manufacturing communities, and many of our towns across the country, where those jobs are so important.