EU Council

Wayne David Excerpts

Tuesday 5th January 2016 Commons Chamber

[The Prime Minister]

That is absolutely key to our negotiating aims, and a country that is a member of the single market but not of the single currency should not suffer disadvantage. As I said, a number of occasions—whether calls to bail-out eurozone countries, or the location policy that euro-clearing houses can be put only in eurozone countries—have shown just how important this issue is, and that is why it is so vital to the renegotiation.

[Wayne David (Caerphilly) (Lab)]

Being part of the single European market is obviously vital to the British economy. Will the Prime Minister therefore prepare and publish a report before the referendum to show the impact on the British economy if we were to withdraw from the European Union?

[The Prime Minister]

I certainly believe that documents need to be published, and I think that the other place insisted in some amendments on what sorts of document need to be published. Within those documents they will set out what the renegotiation has accomplished and what are the benefits and disbenefits. I will be careful what I say to the hon. Gentleman because this is what was decided in the other place and I think accepted by us, so perhaps I can drop him a line about it.