Leaving the EU: Economic Impact of Proposed Deal Debate
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Stephen Timms
Main Page: Stephen Timms (Labour - East Ham)Department Debates - View all Stephen Timms's debates with the HM Treasury
Leaving the EU: Economic Impact of Proposed Deal
Stephen Timms Excerpts(5 years, 9 months ago)
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Mel Stride
This Government totally understand and get the significant importance—not just to Scotland but to the entire United Kingdom—of Scotch whisky exports, which account for some 20% of all exports of food and drink from our country. That was also signalled in our recent Budget, which once again froze duty on Scotch whisky. The hon. Lady can rest assured that we will make sure that we do the right thing by Scotland’s most important export.
Stephen Timms (East Ham) (Lab)
The Department’s assessment is that any form of Brexit will leave us worse off than if we stayed in the European Union. Will the Minister simply confirm that that is his Department’s view?
Mel Stride
The analysis, quite rightly, does not assess staying in the European Union, and there is an obvious reason for that, which is that in June 2016 the country took the decision—17.4 million people voted—to leave the European Union, and that is an outcome that this Government will respect.