Future Relationship with the EU Debate

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Department: HM Treasury

Future Relationship with the EU

Tony Lloyd Excerpts
Thursday 10th December 2020

(3 years, 4 months ago)

Commons Chamber
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Penny Mordaunt Portrait Penny Mordaunt
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My hon. Friend makes a good point. I reassure her, as I have other hon. Members, that the Prime Minister knows what his responsibilities are, the expectation of the fishing industry and what is in the interests of this country.

Tony Lloyd Portrait Tony Lloyd (Rochdale) (Lab) [V]
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Does the Minister accept that even the sovereign United States believes that trade disputes can be resolved through internationalised mechanisms such as the World Trade Organisation and others? In that context, is not the concern of business about a crash-out no deal limited by the fact that it is not so much the Prime Minister’s guns that he is sticking to but the guns of those siren voices behind him who want that no-deal Brexit?

Penny Mordaunt Portrait Penny Mordaunt
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No, I think the Prime Minister has been very clear about what the optimum outcome is. We are not crashing out; what is being decided over the next few days is which set of rules will be taken forward for our future relationship with our European friends. There are plans and support in place for every scenario and I think what business really wants is the certainty of what that will look like. We are talking about an incredibly resilient group of organisations and people who can prepare for any scenario; what has been a strain is preparing for every scenario. They will get certainty in the coming days.