Leaving the EU: Economic Analysis Debate
Full Debate: Read Full DebateDepartment: Department for Exiting the European Union
Vicky Ford
Main Page: Vicky Ford (Conservative - Chelmsford)Department Debates - View all Vicky Ford's debates with the Department for Exiting the European Union
(6 years, 3 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Baker
No, I will not. I encourage the hon. Gentleman to listen to the arguments that I have made and to the answers that I have given. In all scenarios in this analysis, economic growth increases. He talks about people being misled in the referendum campaign; there were two campaigns and both are susceptible to criticism. I encourage him to look at the Treasury Committee’s report, which criticised the remain campaign quite heavily; otherwise, I should not have been able to sign up to it.
Vicky Ford (Chelmsford) (Con)
In my constituency, more than 2,000 people work in insurance. Britain is home to the world’s largest insurance market, and many European companies need access to our market. Does the Minister agree that it is in the interests of both Britain and Europe to seek a much deeper and more modern trade relationship than the EU has with any other third country?
Mr Baker
I do agree with my hon. Friend. The United Kingdom has a comparative advantage in insurance, as it does in so many financial services. As I indicated earlier, it is in the interests of Europe and the world that we should be able to take that comparative advantage and put it to the service of the whole world.