Marks & Spencer Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Tom Brake
Main Page: Tom Brake (Liberal Democrat - Carshalton and Wallington)Department Debates - View all Tom Brake's debates with the Department for Business, Energy and Industrial Strategy
(5 years, 11 months ago)
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Claire Perry
I absolutely do. The work that so many do on an unsung basis in our neighbourhood planning process should take into account these issues: how do we create vibrant centres where people want to live, work and travel to, and which mean we have a very vibrant high street sector? If you will indulge me for one minute, Mr Speaker, Marks & Spencer has been a leading company in its drive for zero-emissions activity. It was one of the first companies in the sector to set up such a plan. It has done amazing work with its supply chain and stores to reduce carbon emissions and sell sustainable products. I really do applaud it for that.
Tom Brake (Carshalton and Wallington) (LD)
This is a very worrying time for Marks & Spencer’s employees. I was therefore very pleased to be able to support my excellent store in Sutton by buying this suit there a month or so ago. While I agree with the Minister that people’s purchasing habits are changing, does she agree that inevitably, the report from Mark Carney that household incomes are now £900 lower than had been predicted before the EU referendum will have had an impact on Marks & Spencer? Does she also agree that if “max fac” is introduced, a £32.50 charge for every shipment, given that Marks & Spencer operates in 23 out of 28 EU countries, will also have a significant impact on it and the retail business generally?
Claire Perry
I am not going to comment on hypotheticals, both pre and post Brexit, in terms of the impact on the economy. However, the right hon. Gentleman points out the absolute requirement both to satisfy the referendum result, in terms of leaving the European Union, and to ensure that we have as close and as frictionless a trading relationship as possible, so that we do not see food prices or the prices of goods and services going up for these very integrated operators in the UK.