Treasury

Sajid Javid Excerpts

Thursday 13th February 2020 Ministerial Corrections

[Sajid Javid]

The hon. Gentleman needs to get his facts right. The EU has not ruled out equivalence. Indeed, it agreed in the political declaration to work at speed on an equivalence decision by the end of July this year, and that is welcome. We are working very carefully and closely with the EU on having a broad agreement that will mean that our financial services continue to thrive—not only for our benefit, but for its benefit.

[Official Report, 11 February 2020, Vol. 671, c. 690.]

Letter of correction from the Chancellor of the Exchequer, the right hon. Member for Bromsgrove (Sajid Javid):

An error has been identified in my response I gave to the hon. Member for Stalybridge and Hyde (Jonathan Reynolds).

The correct response should have been:

[Sajid Javid]

The hon. Gentleman needs to get his facts right. The EU has not ruled out equivalence. Indeed, it agreed in the political declaration to work at speed on an equivalence decision by the end of June this year, and that is welcome. We are working very carefully and closely with the EU on having a broad agreement that will mean that our financial services continue to thrive—not only for our benefit, but for its benefit.