European Union (Notification of Withdrawal) Bill

Stella Creasy Excerpts

Committee: 1st sitting: House of Commons
Monday 6th February 2017 Commons Chamber

[Alberto Costa]

I absolutely agree with my right hon. Friend, but a promise has been made about an early agreement, notwithstanding the complexities of the matter. As a lawyer—I am a former corporate lawyer—I know that when my clients came to me asking for me to negotiate, I had to offer solutions to problems. If I did not get the deals that my clients wanted, I would not have been used frequently by those very clients. It will be a mark of our leader, our Prime Minister, if she gets the early deal that she is promising our country, and that is why I am supporting her this evening.

[Stella Creasy (Walthamstow) (Lab/Co-op)]

The hon. Gentleman has obviously made a personal decision on this matter. He uses the analogy of being a lawyer and going to negotiate a deal, but does he not accept that the Prime Minister could just settle and give every EU national in our country right now the right to be here, without any further delay? There is an alternative attitude that would also deliver for his client, is there not?

[Alberto Costa]

As I mentioned, had I been Prime Minister in July, I might have started the whole process very differently.

I entirely agree with the right hon. and learned Member for Camberwell and Peckham (Ms Harman) about the consequences of not getting an early deal on this matter. The consequence would be a tsunami of litigation against the Government. Politically, therefore, an early deal must be brought to this House. That is why I trust the Prime Minister to get that early deal.

The role of Parliament is also a political matter to which Ministers should give serious consideration. The European Parliament has a substantive role in the negotiations that we do not have. Some would say that the primary reason for that is that it represents 27 other nations, whereas we represent one sovereign country as the British Parliament. However, if we hear comments from the media, reporting on what European parliamentarians are being told about what our ministerial negotiating team are saying in Europe, it would become farcical if our Government did not report back to us.

--- Later in debate ---

This is one of the most important pieces of legislation in our time: the European Union (Notification of Withdrawal) Bill. Let us just remind ourselves what we are talking about. It is a Bill that, although it may contain just a simple clause or two, will have phenomenal ramifications for all of our constituents. If we fail to address those in proper detail, we are failing in our duty to scrutinise the Government in a serious way.

[Stella Creasy]

Is it not worth noting that when it came to debating the Lisbon treaty and the Maastricht treaty, 30 days were allocated to discuss the issues in the House of Commons alone? Five days is a very poor comparison.

[Chris Leslie]

My hon. Friend is completely right. This Bill is far more important than all those treaties wrapped together, because it is about withdrawing from the European Union.

What made the situation worse was the White Paper we had from the Government. Let us not forget that it came the day after the vote on Second Reading. That was pretty shocking and quite contemptuous of the rights that the House of Commons should have. It is a lamentable document because of the lack of information it contains on so many of the important issues on which I and other hon. Members have tabled amendments.

We should use the time we have today to talk about what we need to know and to ask the Government what their plan is. That is why I will briefly go through some of the new clauses I have tabled. For the sake of argument, let us take the first one, new clause 20 on financial services. One could say that it is merely a small corner of Britain’s GDP, but it provides £67 billion of revenue for all our schools and hospitals. If we mess around with that sector in the wrong way, we will all be poorer and our public services will be poorer as a result.

New clause 20 suggests that there should be a report twice a year on where we are going on one of those questions that was not contained in the White Paper: “What is our progress towards a smooth transition from the existing open market access, where we have passports, to the new arrangements, whatever they are going to be?” The White Paper merely says, “We’d quite like to have the freest possible trade,” but it says nothing about what will happen on mutual co-operation, regulation and oversight; whether we will be able to have permanent equivalence rights for some trades; or whether UK firms will have time to adjust.

Those issues already pose a clear and present danger to our economy. HSBC says that 1,000 jobs are going to go, Lloyd’s of London is moving some of its activities, UBS is moving 1,000 jobs, and J.P. Morgan has said that potentially 4,000 jobs will go. Firms are voting with their feet already, yet the White Paper hardly touches on this question.