European Union (Referendum) Bill

Debate between Sheryll Murray and Phil Wilson

Friday 22nd November 2013 Commons Chamber

[Phil Wilson]

Perhaps the hon. Gentleman intends to speak later. I know how vocal he has been in the region on this issue, but not in the Chamber.

One area that we could consult on is foreign direct investment in the north-east, which is important to the region. Let me explain why we should consult those organisations that promote such investment. Since 1992, inward foreign direct investment flows to the EU have doubled and the UK has become an attractive investment, with the second largest stock of foreign direct investment in the world, although it has fallen since 2010. I will come on to that later and explain why this Bill undermines future investment.

[Sheryll Murray (South East Cornwall) (Con)]

Rubbish!