(5 years, 8 months ago)
Commons ChamberBecause my hon. Friend will remember, as I do, the dire predictions if we voted to leave in 2016, which never materialised. They were so poor that the Bank of England and many others had to publicly apologise, and since then we have seen record low unemployment, record high manufacturing output and record investment, and those decisions in recent years have been made on the basis that we could be leaving on no-deal, WTO terms.
I am sorry, I will not give way. I am going to continue for a little bit.
The second reason why I will vote against the agreement this afternoon is the indefinite nature of the backstop. I fully agree with those who say that there is a need for compromise. I do not like the transition arrangement, but I can hold my nose to it, because in a sense it is no worse than being in the EU, but what I find very difficult to swallow is the indefinite nature of the backstop. I cannot imagine that there is anybody in this place who would enter into a serious legal arrangement—an agreement—that gave the key to exit only to the other party. We could be locked into the backstop indefinitely. That is not delivering on the result of the EU referendum, the triggering of article 50 or the result of the general election, in which both parties committed to honouring the referendum result in their manifestos.
In conclusion, we triggered article 50. The legal default position of that triggering, which we passed by a majority of 384, is that we would leave with or without a deal. Monday’s motion will address the central issue of whether we leave on WTO terms if we cannot pass the Prime Minister’s deal today, and I would encourage the House to give it consideration.