15/06/2016

:00:15. > :00:27.Order. We want to hear the gentleman's point of order. This is

:00:28. > :00:31.relating to Parliament. If there is going to be an emergency budget.

:00:32. > :00:36.Would it not have been appropriate for it to have been announced first

:00:37. > :00:45.in this house and not to the media. It seems a great discourtesy. What I

:00:46. > :00:48.would say is we are here in the realms of speculation. If there were

:00:49. > :00:54.to be such a budget it would have to be delivered here and we would be

:00:55. > :01:01.notified of that in advance. There is no such declared intention. There

:01:02. > :01:06.is all sorts of briefing but there is to my knowledge no such declared

:01:07. > :01:10.intention. If the Chancellor were here and wanted to comment upon the

:01:11. > :01:16.matter he could do so but he isn't and therefore I fear that he won't.

:01:17. > :01:20.Whether he will manifest himself during the course of today's

:01:21. > :01:25.proceedings it is an important debate in the House today that

:01:26. > :01:29.relates to economic matters, the honourable gentleman might choose to

:01:30. > :01:33.raise it with the Chancellor. I think we will have two await

:01:34. > :01:42.development of events. Point of order. Welcome to the honourable

:01:43. > :01:47.lady. You seem to confirm there is no budget that you are aware of and

:01:48. > :01:51.if that is the case and there is no budget it is in order for the

:01:52. > :01:57.government to go around telling the press that there is a budget when

:01:58. > :02:05.there isn't. I think he is being cheeky. I know of no such plan. He

:02:06. > :02:08.is an assiduous constituency representative. He is a politician

:02:09. > :02:15.and he knows that all sorts of things are speculated upon and the

:02:16. > :02:21.subject of conversation and rumour. All I know is the business of the

:02:22. > :02:26.House today. What people say outside the House is a matter for them. I

:02:27. > :02:33.think if people have got important things to say on public policy, for

:02:34. > :02:39.example between now and next Thursday, it would perhaps be

:02:40. > :02:48.prudent and judged to be courteous to say them in the House of commons.

:02:49. > :02:53.Point of order. I'm sure it was an error on behalf of the Leader of the

:02:54. > :03:04.Opposition but he said there were not any votes on the terrace. Sorry,

:03:05. > :03:09.on the Thames. Can I confirm that the wayward Lad was giving voice of

:03:10. > :03:13.concern to some of the river authorities and they were indeed

:03:14. > :03:20.saying vote Leave and some of them had spent three days coming up on

:03:21. > :03:24.the Thames to wish them well. It is useful to have a bit of information

:03:25. > :03:31.but what I would say to the honourable lady is I'm not

:03:32. > :03:38.responsible for boats. They are not a matter for the chair. Point of

:03:39. > :03:46.order. Mr Speaker, we are about to embark upon a very important debate

:03:47. > :03:50.being led by the Shadow Chancellor. Order. Some members are disquieted

:03:51. > :03:54.because they want to get on with the debate. I also want to get on with

:03:55. > :03:58.the debate but we must hear points of order. We must hear them and we

:03:59. > :04:02.will deal with the quicker if we hear them. We are about to embark on

:04:03. > :04:07.a very important debate on the economic benefits of UK membership

:04:08. > :04:13.of the European Union. The Shadow Chancellor of the Exchequer is going

:04:14. > :04:17.to be leading of that debate. Surely it is essential that the Chancellor

:04:18. > :04:21.of the extra is in the House to be able to answer the points that are

:04:22. > :04:26.made and to defend the ludicrous stance that he had been taking in

:04:27. > :04:32.the media. Why is the Chancellor not here, what can this house do to

:04:33. > :04:34.require that you Chancellor of the Exchequer to maintain the

:04:35. > :04:41.conventions of this house and come to attend this debate? What I would

:04:42. > :04:47.say to the honourable gentleman to those attending our proceedings is

:04:48. > :04:51.that who the government feels to respond to the debate is a matter

:04:52. > :04:55.for the government and the honourable gentleman will probably

:04:56. > :05:00.on the whole be relieved to know that among the matters for which I

:05:01. > :05:10.am responsible, I am not responsible for the Chancellor's movements.

:05:11. > :05:21.today there will be people who may think it is somewhat discourteous of

:05:22. > :05:26.a senior minister responsible for the policy is not present and the

:05:27. > :05:37.chamber. But it is not against the rules of the house. That would be

:05:38. > :05:41.courteous. It would show the degree of humility and respect, but beyond

:05:42. > :05:50.that, it is a matter for the government to choose. I gather that

:05:51. > :05:53.the Secretary of State for foreign and common will fears will respond

:05:54. > :06:02.to the Shadow Chancellor and that is perfectly orderly. With regard to

:06:03. > :06:06.the resolution of the House of Commons, it states that it is of

:06:07. > :06:12.paramount importance that ministers give accurate and truthful

:06:13. > :06:17.information to Parliament and correct any mistakes at the earliest

:06:18. > :06:26.opportunity. With respect to what was said last week on the question,

:06:27. > :06:30.as he put it, that he had secured to fatal treaty changes, they sought a

:06:31. > :06:41.correction. I have had a letter from the Prime Minister today stating

:06:42. > :06:46.that my letter to him is misleading. In those circumstances, would you

:06:47. > :06:54.take note that I am stating that there has been a breach of the

:06:55. > :06:58.resolution? They do take note of what the honourable gentleman tells

:06:59. > :07:04.me. I take that very seriously. The honourable gentleman is an extremely

:07:05. > :07:11.long serving and serious minded member of the house. But I have

:07:12. > :07:15.already advised the honourable gentleman, to whose representation

:07:16. > :07:19.of a paid close attention to, but I do not think that there's a need to

:07:20. > :07:26.add anything to what has already been said on the matter. I simply

:07:27. > :07:31.say to the honourable gentleman and other members, although I have

:07:32. > :07:40.thoughts on these matters, I do seek ways professional counsel, which is

:07:41. > :07:44.impeccably independent and going based on very great experience in

:07:45. > :07:49.the service of this house. It does not automatically mean it is right,

:07:50. > :07:54.but it does mean it is serious and I feel we have two just leave it

:07:55. > :08:01.there. I think I have given the honourable gentleman sufficient time

:08:02. > :08:11.to offer his points. If there are no further points of order, we come to

:08:12. > :08:16.the motion. An amendment was tabled, but I would advise the house I have

:08:17. > :08:24.not selected the amendment. To move the motion, I call the Shadow

:08:25. > :08:29.Chancellor of the XJ. -- the Exchequer.

:08:30. > :08:39.This will be the last chance for us to debate the European Union

:08:40. > :08:44.situation before the vote last week. It has been described as the most

:08:45. > :08:50.important decision of regeneration. We have to take it in the fullest,

:08:51. > :08:57.considered weak. We have to acknowledge that many constituents

:08:58. > :09:01.have been telling us that the debate so far has not risen to the

:09:02. > :09:10.occasion. On the doorstep, they say they simply want the facts and the

:09:11. > :09:14.consequences for them and the country if we remain in the European

:09:15. > :09:24.Union or leave. Could I just continue. I will take interventions.

:09:25. > :09:28.People simply want the factual information and many say they have

:09:29. > :09:38.been turned off by the exaggerated claims on both sides of the

:09:39. > :09:43.argument. Talk of a third World War on one hand and the third race on

:09:44. > :09:53.the other. We do not want people ski out to the Bell box. I thank the

:09:54. > :09:58.honourable gentleman for giving way. But would he agree that many people

:09:59. > :10:06.have to see that the real threat to the economy is not whether we stay

:10:07. > :10:14.or leave, but the disastrous tax and spend policies which is party and he

:10:15. > :10:16.have advocated for years. The honourable gentleman 's

:10:17. > :10:24.interventions are often entertaining. Can I return to the

:10:25. > :10:29.subject? Many people have seen this going on within the Westminster

:10:30. > :10:35.bubble, within the establishment. They do not feel involved. What they

:10:36. > :10:41.are witnessing is maybe an unseemly battle for the future leadership of

:10:42. > :10:50.the Conservative Party, rather than the future of the country. Many of

:10:51. > :10:57.our own supporters are unclear about the position of our party. Let

:10:58. > :11:10.people be clear, we state that the Labour Party is for Remain. Today's

:11:11. > :11:19.motion spills that out. It is about jobs, investment, trade with our

:11:20. > :11:25.largest market, the protection of employees rates. It is also about

:11:26. > :11:29.creating a Europe which is more democratic, that delivers social

:11:30. > :11:35.justice as well as prosperity, a Europe which is more stable and

:11:36. > :11:40.economic elite viable. We must do nothing which jeopardises our

:11:41. > :11:48.European future. I will give way. Does he share my concern that all

:11:49. > :11:53.these many cases where the donated kingdom manufacturing plant shutdown

:11:54. > :11:59.with a great loss of jobs, only to see new investment made in another

:12:00. > :12:08.European Union country. This been done through soft loans or grants

:12:09. > :12:12.from the European Union. I think, where Rita leave, it would mean we

:12:13. > :12:20.would be cut off from the opportunity to even apply for these

:12:21. > :12:27.diets. Can I congratulate the honourable gentleman on his 65th

:12:28. > :12:35.birthday today. He is absolutely right. He is right about the

:12:36. > :12:39.Westminster bubble. Over the next few days, every member of the house

:12:40. > :12:44.have got to kill people in our constituencies what leaving the

:12:45. > :12:59.European Union would mean for them. It would mean a catastrophic loss of

:13:00. > :13:04.impact on income and productivity. There are a long -- large percentage

:13:05. > :13:09.of people who have not made up their minds yet. We want to concentrate on

:13:10. > :13:16.common facts, rather than on the exaggeration we have seen so far.

:13:17. > :13:22.With regard to the issues we are dealing with, letters be absolutely

:13:23. > :13:26.clear. This is about jobs. There are 3.5 million jobs dependent on the

:13:27. > :13:39.European Union membership. These would be at risk in the event of a

:13:40. > :13:48.Leave decision. European Union member countries accounted for

:13:49. > :13:55.nearly half of foreign investment. This is far more than any other

:13:56. > :14:02.country. Could the answer the question that the garment benchers

:14:03. > :14:07.have been unable to answer. Why should we spend the ?10 million a

:14:08. > :14:13.year net to the European Union in order to have a ?16 million a year

:14:14. > :14:23.trade deficit with the European Union, we're enormously modicum of

:14:24. > :14:29.common sense would say they have a ?60 million deficit for nothing. The

:14:30. > :14:35.single market gives us the largest market that we have which enables us

:14:36. > :14:42.to create long-term secure employment. Much of that comes from

:14:43. > :14:52.the growing economy we have heard over the years. Members must not

:14:53. > :15:03.harangue the honourable gentleman. He has been very generous in giving

:15:04. > :15:08.way. I at college apologise for my mannerisms. Could I put to the

:15:09. > :15:14.Shadow Chancellor, there are two countries Holland and Germany who

:15:15. > :15:20.have a trade surplus with the United Kingdom, the other 26 of the

:15:21. > :15:28.deficit. In the event of as opting to Leave, we would be turning our

:15:29. > :15:36.back on 44% of retreat and tariffs would be imposed on us. The Prime

:15:37. > :15:40.Minister has said it would take seven years or more for us to

:15:41. > :15:54.negotiate new trade deals. That could even be optimistic.

:15:55. > :16:06.I totally agree with them that we have two steer clear of making this

:16:07. > :16:14.Project Fear. But I have to say that this budget which was proposed this

:16:15. > :16:19.morning is exactly that. We are an anti-austerity party and we have

:16:20. > :16:25.voted consistently against that. With regard to the Chancellor 's

:16:26. > :16:32.emergency budget, we have a 6-point plan from the Leave campaign, which

:16:33. > :16:41.is not so much a plan, but more of a coup to take over the government.

:16:42. > :16:45.With this not lead to the replacement of the right wing

:16:46. > :16:54.government with an even more right-wing government. I will come

:16:55. > :17:00.back to the honourable gentleman if I can make some headway. With

:17:01. > :17:06.regards to trade, the European Union is Britain's largest export market

:17:07. > :17:09.by a long way. Nearly half of our export goes to the European Union.

:17:10. > :17:16.That is more than double what goes to the United States or anywhere

:17:17. > :17:25.else. This gives an idea of the scale and impact of the European

:17:26. > :17:31.Union on our economy. We believe that the notion that leaving the

:17:32. > :17:39.European Union would have no impact on jobs or trade is fanciful. Single

:17:40. > :17:45.market membership would have to be renegotiated and that would have to

:17:46. > :17:50.take at least two years. It would also undermine the very critical

:17:51. > :17:54.factors that investors and decision makers require when the invest for

:17:55. > :18:00.the long-term. Security and stability would be threatened. This

:18:01. > :18:07.morning, we saw the latest example of doubt been raised about the

:18:08. > :18:18.long-term investment plans if Leave we are successful.

:18:19. > :18:23.In my constituency, there are two things people are talking about. One

:18:24. > :18:30.is the economy and the other is immigration. Leaving Europe, there

:18:31. > :18:34.is only one thing which would be affected by that, of which would be

:18:35. > :18:42.the economy. It would not affect immigration. The evidence is quite

:18:43. > :18:47.clear that the impact on the economy would set us back years. It would

:18:48. > :18:58.undermine the future of our families and communities. In response to the

:18:59. > :19:04.honourable member referring to a trade deficit, with the Shadow

:19:05. > :19:13.Chancellor comment on the deficits we have with the other member states

:19:14. > :19:20.is no ?67.8 billion. Or trade surplus with the rest of the world

:19:21. > :19:24.is 31 billion, up by ?7 billion in the same year. Germany has a trade

:19:25. > :19:32.surplus with the rest of the European Union. It is 81.8 billion.

:19:33. > :19:38.What sort of single market is that for us?

:19:39. > :19:47.Is the honourable gentleman coming forward with proposals that he would

:19:48. > :19:49.propose tariffs with regard to the rest of Europe and therefore

:19:50. > :19:55.undermine the free trade? If that is the case that is a convergent to the

:19:56. > :19:59.planned economy, which I am a maze that. Can I move on. There are a

:20:00. > :20:08.large number of speakers and I need to move on. We have also seen

:20:09. > :20:13.competitors across Europe, considering relocation if the

:20:14. > :20:17.decision goes to Brexit. The Labour Party places importance on

:20:18. > :20:21.employment rights in this debate because it is those rights that

:20:22. > :20:26.enable ordinary workers to secure the benefits of the jobs, investment

:20:27. > :20:31.and trade that membership of the single market brings. Over the last

:20:32. > :20:35.40 years as trade unionists we have been promiscuous in where we have

:20:36. > :20:43.gone to secure these rights. When trade union rights were under attack

:20:44. > :20:49.in the last few decades we went to the EU. Paternity rights, the rights

:20:50. > :20:54.of parental leave, protection, the maximum working week, this hasn't

:20:55. > :20:59.just been to protect British workers but a race to prevent the bottom of

:21:00. > :21:07.Europe. All of our workers are protected wherever they work.

:21:08. > :21:13.Withdrawal will put jobs and investment at risk. I recently spoke

:21:14. > :21:21.in the Queens speech debate calling for an industrial strategy is in

:21:22. > :21:26.order to get long-term assurances for success. A vote to Leave,

:21:27. > :21:30.irrespective of whether he agrees with an industrial strategy, would

:21:31. > :21:35.create unwelcome uncertainty at a time when our vital manufacturing

:21:36. > :21:39.sector needs stability? There is a desperate need for long-term,

:21:40. > :21:43.patient investment in our manufacturing base to develop an

:21:44. > :21:49.industrial strategy. The threat of Brexit is undermining those making

:21:50. > :21:56.the decisions about that long-term, patient investment that we need and

:21:57. > :22:02.I think it would be a disaster. There is no better time for the

:22:03. > :22:07.Labour's movement to be considering employment rights in a manner that

:22:08. > :22:17.my right honourable friend has now developed. There is a pit site that

:22:18. > :22:27.is now owned by Mike Ashley. He employs only 200 full-time employees

:22:28. > :22:32.and 3000 people, mainly eastern Europeans, who are on zero our

:22:33. > :22:38.contracts and where a lady went to the toilet to give birth to a Child

:22:39. > :22:45.on New Year 's day. This is horrific. There is no better time

:22:46. > :22:51.for us to say, that at that pit site where after the war East Europeans

:22:52. > :22:55.got the same money as me, working down the coral minds, they were

:22:56. > :23:01.members of the union, we have to get rid of this idea that people can be

:23:02. > :23:07.brought here on zero our contracts. Let's state loud and clear today

:23:08. > :23:12.that we are going to get rid of this Mike Ashley and thousands of others

:23:13. > :23:21.around Britain and we will set fire to this campaign. I wholeheartedly

:23:22. > :23:26.concur with not only the criticisms that have been levied by the

:23:27. > :23:31.honourable member but also his solutions, which are based upon

:23:32. > :23:35.employment rights which have been undermined consistently in recent

:23:36. > :23:39.decades in this country. Let me say again, there is a concern that

:23:40. > :23:43.withdrawal will put jobs, investment, and employment, and

:23:44. > :23:47.trade at risk. The outcome of this leap in the dark has united that

:23:48. > :23:54.Chile every economist and economic institution of any standing, the

:23:55. > :23:58.IMF, the Bank of England, the Institute for Fiscal Studies. We

:23:59. > :24:06.witnessed in the last 72 hours the reaction of the world markets that

:24:07. > :24:09.just sifts in the polls -- shifts in the polls, will affect the value of

:24:10. > :24:18.the pound. The value of the pound has dropped. The Brexit campaign has

:24:19. > :24:26.done so much damage in the last few days. This comes at a time when our

:24:27. > :24:31.economy is extremely fragile. Six years of unnecessary austerities,

:24:32. > :24:34.the chaotic failure of various fiscal rules adopted by this

:24:35. > :24:39.government and our record current account deficit have made our

:24:40. > :24:44.economy extremely vulnerable to even a minor shock. As the markets have

:24:45. > :24:53.just demonstrated, leaving BT you would be interpreted as not just a

:24:54. > :24:58.minor shock. Let's meet turn to this issue. -- leaving the key you would

:24:59. > :25:06.be interpreted as not just a minor shock. Can I make a peel, please

:25:07. > :25:16.don't go near immigration. You have no credibility. Raising immigration

:25:17. > :25:24.is only helping the Leave case. I am not being bullied by anybody. The

:25:25. > :25:30.speaker is keeping out of it. I am seeking to facilitate fair play. I

:25:31. > :25:34.remind the honourable gentleman of correct parliamentary language. Can

:25:35. > :25:37.I ask him with the greatest respect to listen to the speech first double

:25:38. > :25:43.before we comes to a judgment on matter. The economic arguments for

:25:44. > :25:47.remaining are overpowering but the feedback from the doorstep confirms

:25:48. > :25:52.that immigration is a motivating factor. For some people different

:25:53. > :25:56.parts of the country. If he doesn't mind, I will press on. Let me deal

:25:57. > :26:03.with some of the economic arguments around migration. I don't come to

:26:04. > :26:14.this debate about immigration objectively. I am the grandson of an

:26:15. > :26:22.eye -- Irish migrant. They staffed the factories while many Irish women

:26:23. > :26:26.worthy nurses and the back bone of the NHS. They all contribute as all

:26:27. > :26:33.migrants do to making this economy the fifth largest in the world. That

:26:34. > :26:36.is what migrants overwhelmingly do. In the last decade migrants

:26:37. > :26:45.contributed 20 billion in taxes than they did in public services. With

:26:46. > :26:55.labour shortages in key sectors like structure and it is my -- it is

:26:56. > :26:58.migrant labour that contributes. A lack of skilled workers is already

:26:59. > :27:02.hurting the delivery of infrastructure projects. There are

:27:03. > :27:07.genuine concerns and let us admit it. There have been genuine concerns

:27:08. > :27:15.expressed at the impact of migration on wages and employment. These

:27:16. > :27:19.concerns shouldn't be dismissed. Research presented by Oxford

:27:20. > :27:23.University migrant observatory has demonstrated that migration has not

:27:24. > :27:27.had the impact of reducing rages, except in a small proportion of the

:27:28. > :27:32.workforce, those on the lowest pay scale. This has to be addressed.

:27:33. > :27:35.That is why Labour is calling for greater protection for this group of

:27:36. > :27:41.workers. Reforms are needed with regard to the free movement of

:27:42. > :27:46.people to introduce greater protection and employment rights and

:27:47. > :27:49.yes to halt the undercutting of wages and employment conditions. In

:27:50. > :27:56.government we will be negotiated to give effect to these changes. Other

:27:57. > :28:00.concerns have been expressed at the pressure, placed upon public

:28:01. > :28:05.services and other concerns have been expressed at the pressure

:28:06. > :28:09.placed upon our public services by migration. The reality is that our

:28:10. > :28:14.public services struggled to cope with existing demand because of the

:28:15. > :28:18.austerities measures, the cuts, the chronic underfunding forced through

:28:19. > :28:23.by this government over the last six years. But there is an argument that

:28:24. > :28:27.pressures on public services increase in an area, there must be

:28:28. > :28:32.funding made available to respond to this increase in demand. That is why

:28:33. > :28:36.Labour has argued for a special migration fund to assist those

:28:37. > :28:40.communities where demand increases. That is why we condemn the abolition

:28:41. > :28:44.of the fund that was set up by Gordon Brown and we welcome the

:28:45. > :28:47.Prime Minister's statement today that he is exploring the

:28:48. > :28:53.establishment of a fund of that sort. I say also that we want to see

:28:54. > :29:02.further European funding to support this initiative and that will be on

:29:03. > :29:05.our agenda. Does he agree that being an EU citizen in the United Kingdom

:29:06. > :29:10.might be uncomfortable, particularly around some of the language and the

:29:11. > :29:17.tone of some of the leaders of the Brexit campaign, Nigel Farage.

:29:18. > :29:21.Putting the 50,000 cap that Nigel Farage wants to see, we would see an

:29:22. > :29:25.exodus of people out of our care homes and hospitals and out of our

:29:26. > :29:29.schools, which would have a real impact on delivering public

:29:30. > :29:34.services. If it's not the case that we are an open and tolerant United

:29:35. > :29:37.Kingdom? I find some of the statements that have been made

:29:38. > :29:42.reprehensible and irresponsible because they do not weigh up the

:29:43. > :29:48.impact of those policies that have been advocated. Across our public

:29:49. > :29:52.services and our economy as well. Thank you for that. I am listening

:29:53. > :29:56.to the debate and contributions from across the floor and I am staggered

:29:57. > :30:00.at the people who come here to make a new life for themselves, with

:30:01. > :30:04.their families, to make a contribution to the family, are the

:30:05. > :30:09.scapegoats for austerity measures from people on that side. I think

:30:10. > :30:15.nothing more needs to be said than that eloquent statement. Can I say

:30:16. > :30:18.migration cuts both ways. British people have been among the main

:30:19. > :30:23.beneficiaries of the free movement of labour and people across Europe.

:30:24. > :30:32.1.2 million EU citizens live permanently in another EU country. I

:30:33. > :30:35.remember the generation when British workers secured jobs across Europe

:30:36. > :30:43.when our own economy was in recession. When the Eurozone is

:30:44. > :30:47.coming out of recession it will provide once again opportunities

:30:48. > :30:50.that our own people want to take advantage of. Young people

:30:51. > :30:55.especially are now studying, working and settling in large numbers across

:30:56. > :31:05.Europe. The number of UK students studying in Europe has risen a in

:31:06. > :31:08.less than a decade. As the honorary president of labour International,

:31:09. > :31:14.can I remind him that overseas voters who have lived abroad up to

:31:15. > :31:23.15 years, if they wish to get a proxy vote in this referendum, they

:31:24. > :31:29.need to apply by 5pm today. Could I suggest all those in the social

:31:30. > :31:40.media apply to it straightaway. Can I look to the future? Thank you for

:31:41. > :31:47.giving way. I would echo the number of EU migrants that work in the NHS,

:31:48. > :31:51.including my husband who has worked here for 30 years, paid taxes here

:31:52. > :31:55.for 30 years and is excluded from the vote. I dig we should also

:31:56. > :32:01.remember the people we do export to Europe are predominantly people who

:32:02. > :32:05.have retired to Europe. We import young working people and we export

:32:06. > :32:10.retired people and we should remember that balance. It's an

:32:11. > :32:15.interesting point that has been made about an ageing population, just how

:32:16. > :32:24.much we need youth coming into this company to balance the population

:32:25. > :32:30.growth. If I can move... Last one. Thank you for giving way. I think we

:32:31. > :32:35.need to point out that one in five of the social care workforce in this

:32:36. > :32:40.country, 230,000 people were not born here. Greater London is reliant

:32:41. > :32:45.on this care. 60% of adult social care workers were born abroad. Much

:32:46. > :32:52.of that sector would collapse. Noted that restricting this, have to think

:32:53. > :32:55.about our care sector. Our care sector would collapse without

:32:56. > :33:00.migrant labour and that is a danger. Much of the EU debate so far has

:33:01. > :33:04.dwelt on the past and the immediate present but at a country we need to

:33:05. > :33:08.look to the future. Many the issues we face are transnational. The

:33:09. > :33:16.refugee crisis, climate change, they aren't cross country, they cross

:33:17. > :33:19.country boundaries and the EU provides us with the cooperation

:33:20. > :33:22.with our European neighbours to tackle these issues. We have to

:33:23. > :33:26.recognise that people care about what they see as a loss of

:33:27. > :33:33.sovereignty. A strong reform agenda is needed so that there is a

:33:34. > :33:37.democratic accountability. That means making decisions in the EU

:33:38. > :33:41.that are completely open and transparent. Ensuring that the

:33:42. > :33:47.commission is democratically accountable. It starts within the UK

:33:48. > :33:49.by ensuring that we have more open and effective mechanisms for holding

:33:50. > :33:56.to account those ministers and others that represent us in the EU

:33:57. > :34:00.decision-making process. Britain takes the EU presidency shortly.

:34:01. > :34:04.That will enable us to lead the drive for reform. For the first time

:34:05. > :34:11.in a generation there are movements across Europe mobilising agenda of

:34:12. > :34:16.reform that we can share. There is a prospect of European coalition

:34:17. > :34:22.progress appearing. To end austerity, secure employment growth,

:34:23. > :34:28.tackle tax evasion and avoidance, tackle climate change and deal with

:34:29. > :34:33.the tragic migrant crisis. The overall debate on the EU, I think I

:34:34. > :34:37.am aware the great many British people are when it comes to making a

:34:38. > :34:41.decision next week. I didn't vote to go to the Commonwealth and I have

:34:42. > :34:48.been generally Eurosceptic and critical of the bureaucracy of the

:34:49. > :34:53.EU. I am not a Europhobic. People like me are carefully balancing the

:34:54. > :34:57.prospects of my family and my country. I think that like me many

:34:58. > :35:05.will take a pragmatic view that a leap in the dark of leaving Europe

:35:06. > :35:09.is a risk too far. For Labour supporters there is the added

:35:10. > :35:15.concern that needs to be taken into account. This would be a Tory

:35:16. > :35:21.Brexit. On June the 24th is Brexit goes through, it would be a Tory

:35:22. > :35:30.government that will be implementing withdrawal.

:35:31. > :35:36.It is likely, given the political fallout that there will be a

:35:37. > :35:49.Conservative government much further to the rate than this one. And, to

:35:50. > :35:57.be frank, Ukip yapping at its heels. I would ask members of the Labour

:35:58. > :36:04.Party, would they honestly trust the honourable members on the benches

:36:05. > :36:10.opposite on employment rates and it closes the door on a European future

:36:11. > :36:16.that we have the opportunity to decisively shaped in the next few

:36:17. > :36:22.years. I urge the house to support this motion. Whatever the result,

:36:23. > :36:27.the decision will be respected. The Labour Party will listen to the

:36:28. > :36:33.people and respond to the concerns. We will seek to bind our country

:36:34. > :36:52.together and not let the extremists divide does. I call the Foreign

:36:53. > :36:56.Secretary. Thank you Mr Speaker. As we approach the final stage of this

:36:57. > :37:02.campaign, I have to say it sometimes feels that we have lost sight of the

:37:03. > :37:08.key question that people are meant to be answering a week tomorrow. The

:37:09. > :37:12.question is not to be like the European Union, do we agree with

:37:13. > :37:21.everything it does. It is not about sending a message to the European

:37:22. > :37:26.Union. It is not to say, is the European Union perfect. It is not. I

:37:27. > :37:35.would be the first to say that. It is a clear question. Are we safer

:37:36. > :37:41.and stronger and better off inside a reformed European Union or outside?

:37:42. > :37:47.As Foreign Secretary, I know as well as anyone about the frustrations of

:37:48. > :37:51.decision-making by a committee of 28 and the compromises that entails.

:37:52. > :37:56.But I also know we are winning the arguments in Europe and are

:37:57. > :38:01.increasingly influential in shaping its future. They know as well that

:38:02. > :38:07.we have greater global influence as a result of being a leading member

:38:08. > :38:20.of the world's largest trading organisation. Is the European Union

:38:21. > :38:28.perfect or imperfect? There are definitely people in Scotland to

:38:29. > :38:36.believe the government is imperfect. Can we stop saying that the European

:38:37. > :38:44.Union is uniquely imperfect? The European Union as a club for

:38:45. > :38:50.independent countries. . I am grateful to the honourable

:38:51. > :38:57.gentleman. It is an imperfect institution amongst many, including

:38:58. > :39:03.our own government, I am absolutely certain. I believe it is safer to

:39:04. > :39:07.work with other European Union countries to tackle terrorism and

:39:08. > :39:14.organised crime. We benefit from being part of a market of over 500

:39:15. > :39:21.million members, with the combined weight of over one quarter of the

:39:22. > :39:29.world's gross domestic product. We said back in six years ago, that our

:39:30. > :39:35.economic security and our national security are two sides of the same

:39:36. > :39:40.coin. Without economic security, there is no national security. How

:39:41. > :39:46.could we be safer if we could not invest in our security and defence?

:39:47. > :39:55.How could we be stronger and more influential if our economy was

:39:56. > :40:00.shrinking? I will give way. How can he say we are better off, with you

:40:01. > :40:08.take the example of the fishing industry. The common fisheries

:40:09. > :40:15.policy has driven us to have two import from other countries. I take

:40:16. > :40:20.a holistic view, taking into view of the United Kingdom as a whole. I

:40:21. > :40:26.taken all the pluses and ministers. There are negatives as well as

:40:27. > :40:38.positives. These arguments as to the net benefit to this country. There

:40:39. > :40:52.can be no economic security without national security. Can the Foreign

:40:53. > :41:00.Secretary till the house how many of our Commonwealth leaders want us to

:41:01. > :41:04.leave the European Union? The answer is zero. I have not found any

:41:05. > :41:10.foreign leader at all urging Britain to leave the European Union. None at

:41:11. > :41:14.all seeing we would be more influential or more valuable as a

:41:15. > :41:24.partner if we left the European Union. I need to make some progress.

:41:25. > :41:31.The honourable member for keys and Harlington has already set out some

:41:32. > :41:37.of the economic benefits. I welcome his candid assessment of the

:41:38. > :41:42.achievements in the past four decades. He spoke about the

:41:43. > :41:52.protection of workers rates. I agree. The likes of maternity and

:41:53. > :41:56.paternity leave. It was a Conservative government which

:41:57. > :42:06.abolished the job tax and took 3 million of the lowest paid out of

:42:07. > :42:13.the income tax system. We are also instigating the national minimum

:42:14. > :42:18.wage. It is worth reminding, as well, because the Labour Party can

:42:19. > :42:23.sometimes forget this, that the most fundamental right for any worker is

:42:24. > :42:31.the right to have a job and DP packet at the end of the month. 2.5

:42:32. > :42:37.million people enjoy that more now than they did under the Labour

:42:38. > :42:41.government. That is the result of conservative fiscal management. A

:42:42. > :42:52.recognisable of employment goal by the Conservative government. He

:42:53. > :42:59.referred to the net benefit of the United Kingdom being in the single

:43:00. > :43:03.market. Can he say that this is actually a trade deficit according

:43:04. > :43:11.to the House of Commons library. The other 27 member states are no less

:43:12. > :43:15.than 67.8 billion of goods and services, which is up 10 billion

:43:16. > :43:23.from the previous year and escalating. How is that a net

:43:24. > :43:28.benefit. I will come to this. My honourable friend to Wales on the

:43:29. > :43:37.trade statistics alone. I would suggest that the leader issues about

:43:38. > :43:45.the overall impact on our economy. There are questions about the

:43:46. > :43:58.growth, dynamism and other benefits that being part of this union, with

:43:59. > :44:03.500 million consumers assists us. Since he has seen fit to criticise

:44:04. > :44:14.my government 's record when they were in power. The cuts put onto the

:44:15. > :44:19.lowest paid in the country has made them feel that there is nothing to

:44:20. > :44:29.lose ready to leave the European Union. Does he agree that if we vote

:44:30. > :44:37.to Remain, we need to see real action from his party. We can only

:44:38. > :44:42.do the idea of having a robust economy which is soundly based. I

:44:43. > :44:47.think we will effectively do that the eye being part of the European

:44:48. > :44:53.Union. Our membership gives us the freedom to trade in the world's

:44:54. > :44:59.largest single market. 500 million consumers. It allows us to do it

:45:00. > :45:04.without tariffs or the bureaucracy of customs barriers. The benefits of

:45:05. > :45:11.being in the single market are clear for us to see. 44% of our exports go

:45:12. > :45:16.to the European Union. Much of that would be lost if we put up the

:45:17. > :45:22.shutters and renounced our European Union membership? Many businesses

:45:23. > :45:29.and employees would go to the wall? How long would it take to

:45:30. > :45:33.renegotiate a new trade agreement with our European neighbours? What

:45:34. > :45:37.would the Thames B? Not half as favourable as they are at moment. --

:45:38. > :45:51.Thames B. With regard to the team it would

:45:52. > :45:55.take to renegotiate a new trade deal, but what assessment has has

:45:56. > :46:00.department made about the length of time it would take the British

:46:01. > :46:06.government to renegotiate all of these deals so we could trade with

:46:07. > :46:10.the rest of the world? The honourable gentleman raises a good

:46:11. > :46:18.point. The Prime Minister talked about this very issue. We believe it

:46:19. > :46:25.would take at least two years to negotiate our exit from the European

:46:26. > :46:31.Union. Thereafter, we must negotiate a trade deal with the European union

:46:32. > :46:36.and with the other 53 countries around the world with which the

:46:37. > :46:43.European Union currently has trade agreements with. We do not actually

:46:44. > :46:48.have any trade negotiators. For the last 40 years, the European Union

:46:49. > :46:53.has conducted that for us. This is not just about time. It is about the

:46:54. > :46:56.price we would have to pay to negotiate access to the single

:46:57. > :47:03.market from a crusade that. On the evidence of others who have done it,

:47:04. > :47:07.the price would be freedom of movement, acceptance of the entire

:47:08. > :47:16.body of European Union regulation and a whopping annual sum to put.

:47:17. > :47:23.All the things that the Leave campaign CB would escape from. The

:47:24. > :47:26.reality is that it would be the worst of all worlds. With regard to

:47:27. > :47:34.the trade deficit with the European Union, where we to exit the single

:47:35. > :47:42.market, the part of free trade that would be most at risk would be

:47:43. > :47:45.services and in services, we enjoy a ?20 billion trade surplus. My

:47:46. > :47:55.honourable friend is axed absolutely right. I want to address that point

:47:56. > :48:00.later on. Any deal which we do with the European Union would certainly

:48:01. > :48:09.exclude free access for services and that would be something of a problem

:48:10. > :48:13.for an economy like ours, which is almost 80% services. If we remain

:48:14. > :48:19.inside the European Union we can look forward to eat huge dividends

:48:20. > :48:23.from an opening of the market in services in the coming years. The

:48:24. > :48:27.truth is, when it comes to the single market, we have barely

:48:28. > :48:36.scratched the surface. The single market in goods is will develop, but

:48:37. > :48:42.in the sectors in which we actually reading, finance, business, Digital

:48:43. > :48:46.economy, creative industries, the potential remains huge and the

:48:47. > :48:56.European Union 's high-value market as the police to realise that. I

:48:57. > :49:03.will give way. We have from the head of Airbus about the threat to

:49:04. > :49:10.investment where Reid to leave the European Union. Does he not agree

:49:11. > :49:22.that these are simply not jobs we can afford to lose.

:49:23. > :49:29.We have never had a straight answer to that question, what we do have is

:49:30. > :49:34.a range of independent estimates of what that number would be if we vote

:49:35. > :49:42.to Leave next Thursday and I shall come to that in a moment. It is

:49:43. > :49:48.because of the potential for the UK of opening up the services market in

:49:49. > :49:52.the European Union that the deal be Prime Minister negotiated in

:49:53. > :49:55.February is so important because we now have a clear political

:49:56. > :50:01.commitment from all 27 other European Union member states, plus

:50:02. > :50:04.the commission, to accelerate the development of these markets. These

:50:05. > :50:09.are the sectors in which the UK leads in Europe, where an expansion

:50:10. > :50:12.of the single market would disproportionately and fit the

:50:13. > :50:19.United Kingdom over the years ahead. I will give way. Does he recognise

:50:20. > :50:24.that that commitment to the proper completion of the single market in

:50:25. > :50:28.services added to the completion of a capital market union places the

:50:29. > :50:32.United Kingdom in a unique position to develop its world leading sector

:50:33. > :50:38.and it would be mad to walk away from that opportunity. He is right.

:50:39. > :50:42.This is what I hear from many of my European colleagues. We are about to

:50:43. > :50:47.move from a phase of European Union development into a new phase, which

:50:48. > :51:00.is hugely beneficial to the United Kingdom and yet we are talking about

:51:01. > :51:01.walking away from it at this point. Our financial services industry

:51:02. > :51:05.alone is currently contributes more than 7% of UK GDP and employs more

:51:06. > :51:07.than 1 million people, two thirds of them outside London. However there

:51:08. > :51:12.is not yet a single market for financial services across the key

:51:13. > :51:16.you. The potential is huge. A fully function in digital marketplace

:51:17. > :51:21.could be worth as much as 330 alien pounds with the UK again set to

:51:22. > :51:28.benefit more than any other as the leading digital economy in Europe

:51:29. > :51:34.and it was also be a huge boost for Britain's digital savvy consumers,

:51:35. > :51:36.who would be able to shop freely across the single digital

:51:37. > :51:41.marketplace. People are already feeling the benefits in the EU

:51:42. > :51:47.agreement led by the UK to end mobile roaming charges, which is

:51:48. > :51:51.estimated will save UK consumers around ?350 million a year and we

:51:52. > :51:59.help all been enjoying the budget airline boom created by EU

:52:00. > :52:03.regulations. Does he agree that the precise reason why the markets had

:52:04. > :52:08.such a shock yesterday was the brat of the prospect of us giving way

:52:09. > :52:13.based on a couple of holes and this shock to our financial system was

:52:14. > :52:19.hitting the pension funds of hard-working people. If the prospect

:52:20. > :52:24.of Brexit causes that shock, what on earth would actual Brexit look like?

:52:25. > :52:30.He is right. We can regard what has been happening in the markets this

:52:31. > :52:36.week as a tremor, a taste of what could be to come. If, on June the

:52:37. > :52:42.23rd, the people of Britain vote to take that leap into the dark. To

:52:43. > :52:47.continue my theme, a fully fledged energy union in gas and electricity

:52:48. > :52:51.markets could save 50 billion pounds a year across the EU with huge

:52:52. > :52:56.benefits for consumers in their energy bills as well as making

:52:57. > :53:01.Europe safer from threats in energy blackmail. It is not just trade

:53:02. > :53:06.benefits that our membership delivers because as a member of the

:53:07. > :53:11.world's largest economic block the benefit directly from being party to

:53:12. > :53:14.trade agreement with more than 50 other countries, agreements with

:53:15. > :53:19.terms far more favourable than any we could have negotiated alone

:53:20. > :53:24.because of the combined negotiating muscle of an economic block with a

:53:25. > :53:32.quarter of the world's GDP. Taking into account the countries... I will

:53:33. > :53:38.give way. When it comes to trade it is one of the areas where I think

:53:39. > :53:43.size does matter. Does the Foreign Secretary agree that a deal that is

:53:44. > :53:46.trying to be struck between Switzerland and China because we

:53:47. > :53:51.hear much about what the world would be like if we leave the EU. My

:53:52. > :53:54.understanding is part of that deal, the Chinese are negotiating for full

:53:55. > :53:59.access to the Swiss market but they have told the Swiss they have to

:54:00. > :54:05.wait 15 years to come in to the Chinese market. She is absolutely

:54:06. > :54:09.right. The deal on the table between Switzerland and China is deeply

:54:10. > :54:12.asymmetrical and deeply unfavourable to the Swiss that frankly reflects

:54:13. > :54:18.the Miss match in scale between those two markets. Being part of the

:54:19. > :54:25.world's largest economic block allows us to sit and stare into the

:54:26. > :54:30.eyes of Chinese speakers and American speakers when we are

:54:31. > :54:37.negotiating future trade deals. I just want to make some progress, 44%

:54:38. > :54:41.of the UK's exports go to the EU, this has become a well rehearsed

:54:42. > :54:45.factor in this debate but it is one that underestimates the case.

:54:46. > :54:49.Because, it addresses only exports to the unit cell. If we take into

:54:50. > :54:58.account the countries with which the EU has a trade agreement, that

:54:59. > :55:02.figure goes up to 56%. That, of course, doesn't take into account

:55:03. > :55:06.any of the countries with which the EU is currently in the process of

:55:07. > :55:11.negotiating free trade agreements. If we included then we would be

:55:12. > :55:16.talking about over 80% of UK exports, either to the EU or to

:55:17. > :55:21.countries with which the EU has trade agreements. At the very least,

:55:22. > :55:25.more than half of Britain's exports would be at risk if we leave the

:55:26. > :55:31.European Union. It could take a decade or more to put in place new

:55:32. > :55:37.deals with the 50 other countries with which we have those free trade

:55:38. > :55:41.agreements. It isn't about choosing between growing our trade with the

:55:42. > :55:45.EU or growing our trade with the rest of the globe, as these figures

:55:46. > :55:56.show, our EU membership is key to both. Isn't the absurdity of talking

:55:57. > :56:01.about the deficit and surplus with the rest of the world that the trade

:56:02. > :56:06.we have with the rest of the world, those exports are largely through

:56:07. > :56:08.foreign companies, like Japanese car-makers and American banks, those

:56:09. > :56:12.companies who based themselves a because we are in the single market.

:56:13. > :56:16.They are trading with the whole world, they don't see it as two

:56:17. > :56:22.different places, and that is our attitude that we should take. He is

:56:23. > :56:27.right. The world's Supply chain has globalised and I have to say, if I

:56:28. > :56:31.am honest, when I listen to the arguments of some of our opponents

:56:32. > :56:35.in this debate, while they frame them in terms of hostility to the

:56:36. > :56:38.European Union, I sometimes wonder whether what I am hearing is

:56:39. > :56:44.hostility to the globalisation of our economy. Mr Speaker, what is

:56:45. > :56:51.true for traders also true for investment. The reality is that

:56:52. > :56:56.Britain benefits hugely as a platform for investment, both from

:56:57. > :57:00.EU and from non-EU countries, many of which see us as a gateway to the

:57:01. > :57:06.rest of the European Union. They come here because of our language,

:57:07. > :57:09.skills, flexible labour markets, domestic regular Tory environment.

:57:10. > :57:20.But if I talk to foreign companies based in this country is that Mac

:57:21. > :57:24.domestic regular Tory environment. It is clear that the single most

:57:25. > :57:28.important factor in the decision-making of most of them is

:57:29. > :57:31.our membership of the European Union. A membership that makes

:57:32. > :57:38.Britain a launch pad for doing business with the rest of Europe.

:57:39. > :57:42.Almost three in every four foreign investors site our access to the

:57:43. > :57:46.European market as a principal reason for investment in the UK. If

:57:47. > :57:53.we lost that access we would lose the investment. It is as simple as

:57:54. > :58:01.that. Is he aware of the report that came out by E Y that the UK continue

:58:02. > :58:06.investment in the European Union. investment in the European Union.

:58:07. > :58:08.Does he agree with me that a vote to remain would encourage further

:58:09. > :58:14.investment in the northern powerhouse and in other regions as

:58:15. > :58:18.well. He is absolutely right, the Treasury analysis shows that the UK

:58:19. > :58:24.is the largest recipient of foreign direct investment in the EU, head of

:58:25. > :58:28.Germany and France. We get almost one fifth of total foreign direct

:58:29. > :58:33.investment to EU countries, so 20% of the investment with less than 12%

:58:34. > :58:38.of the population. I would remind the House that every pound of that

:58:39. > :58:44.investment is creating jobs in the UK. That is why Australia is,

:58:45. > :58:48.disproportionately large investment in the UK. This is why so many

:58:49. > :58:56.Indian firms use this country as a base and it is wide world leaders --

:58:57. > :59:02.by world leaders all believe we would lose out if we vote to leave

:59:03. > :59:06.the European Union. Will he confirm that this is the case with regards

:59:07. > :59:11.to Japan and Japanese investments, in whom we rely for our nuclear

:59:12. > :59:16.power generation in this country. Not just our new generation of

:59:17. > :59:23.nuclear power but also a large part of our thriving Kinder Street, which

:59:24. > :59:30.is built and based on the ability to export -- our thriving car industry.

:59:31. > :59:33.That has transformed the economics of our car industry and the Labour

:59:34. > :59:38.relations in our car industry. It has done wonders that this country

:59:39. > :59:43.and the fact that we would even contemplate undermining the basis on

:59:44. > :59:49.which that investment is here astonishes me. Mr Speaker, I will

:59:50. > :59:53.make some progress. The practical consequences of lower trade and

:59:54. > :59:59.investment if we left the EU would be felt directly by the British

:00:00. > :00:03.people. It would mean fewer jobs and higher unemployment. An estimated

:00:04. > :00:10.3.3 million jobs in the UK, more than one in every ten, is linked to

:00:11. > :00:14.exports to other EU countries. 250,000 jobs in Scotland, a quarter

:00:15. > :00:19.of a million in the south-west, half a million through the Midlands,

:00:20. > :00:27.700,000 in the north of England. How secure will they be if we vote for

:00:28. > :00:31.Brexit next Thursday? How will the spectre of rising unemployment

:00:32. > :00:35.undermine consumer spending and sap business confidence to blight once

:00:36. > :00:47.again those areas of the country that have been around this cycle all

:00:48. > :00:52.too often. The most recent poll just published showed that support for

:00:53. > :01:00.Leave in Scotland is only 32%. Is he beginning to reject the FNP call for

:01:01. > :01:06.a four nation collection -- collaboration on the referendum. No.

:01:07. > :01:11.This is a very important debate. We have to use of the power of

:01:12. > :01:16.persuasion to win it, not tricks. We have one week to make the case. We

:01:17. > :01:22.need to make it openly and fairly. We need to let the British people

:01:23. > :01:28.decide. Whatever their decision, however much we may not like it, we

:01:29. > :01:34.have to accept it, abide by it and implemented. That is exactly what we

:01:35. > :01:38.will do. Mr Speaker, over 100,000 British businesses export to the EU

:01:39. > :01:44.and the future of every single one of them and every single person who

:01:45. > :01:48.works in them will be put on hold if there is a vote to leave next

:01:49. > :01:53.Thursday. Will they be able to maintain access to their markets?

:01:54. > :01:57.Will they face tariffs? Will their customers hedged their bets and take

:01:58. > :02:06.their business elsewhere, just in case? It is difficult to see how

:02:07. > :02:17.even the most upbeat Brexit ear -- Brexiteers, will approve of the

:02:18. > :02:29.country being taken back to the dark days of 2008. I never want to go

:02:30. > :02:33.there again. Roles Royce have a manufacturing facility in my

:02:34. > :02:41.constituency. They have made it very clear that the threat to jobs,

:02:42. > :02:47.unemployment has fallen 60% six 2010, all of that is put at risk and

:02:48. > :02:55.that it highlighted by a CBI support which says a shock to our economy

:02:56. > :02:59.could cost 950,000 jobs. Does the Foreign Secretary agree with me that

:03:00. > :03:05.it is simply not a risk worth taking? I absolutely agree with my

:03:06. > :03:09.honourable friend. This is a risk we don't need to take and it is a risk

:03:10. > :03:12.that it would be absurd to take. I cannot believe that after all of the

:03:13. > :03:19.grief and pain we have been through in this country to rebuild our

:03:20. > :03:22.economy after the disaster of 2000 and 82 2009 the seriously thinking

:03:23. > :03:32.about going back there. That is astonishing to me. -- 2080 2009.

:03:33. > :03:38.Economic experts have judged that Britain's economy will be stronger

:03:39. > :03:44.if we name in the EU. Nine out of ten economists, independent

:03:45. > :03:47.organisations like the IMF, the World Trade Organisation, all

:03:48. > :03:54.expressed the view that the UK will be better off inside the EU. It is

:03:55. > :03:59.not just economists, it is more than 200 entrepreneurs, founders of

:04:00. > :04:07.household names like Innocent drinks and last-minute .com. There has

:04:08. > :04:12.rarely been an issue that can unite people from trade unions, too large

:04:13. > :04:15.and small British businesses, the overwhelming weight of economic and

:04:16. > :04:27.business opinion is clear. Britain is better off In.

:04:28. > :04:46.on and could as to check some of the information coming from the Leave

:04:47. > :04:52.campaign. I am happy to repeat that the British people will have the she

:04:53. > :04:59.and they will make the decision and we will implement it. I do not

:05:00. > :05:06.believe the 27 other partners and the European Union, the ritzy, we

:05:07. > :05:12.can go through all this again. This is the deciding point. People have

:05:13. > :05:16.to look at the options in front of us. A future that we know we can

:05:17. > :05:23.predict, a Briton in the European Union which is created 2.5 million

:05:24. > :05:27.jobs over the past six years, with the rate of growth which has

:05:28. > :05:32.outstripped any other country in the European Union or to take that leap

:05:33. > :05:40.in the dark. I want to make some more progress no. What would be the

:05:41. > :05:46.consequences of a vote Leave to? Where street, because we would lose

:05:47. > :05:54.access to the single market and free trade agreements that the European

:05:55. > :06:00.Union have. Foreign businesses not using the United Kingdom as a launch

:06:01. > :06:04.pad for their businesses, harming investment. And slower growth

:06:05. > :06:09.because the economy would effectively be on hold for at least

:06:10. > :06:14.two years until we negotiated the terms of our exit and almost

:06:15. > :06:23.certainly far longer. And fewer jobs because of the climate of economic

:06:24. > :06:31.uncertainty, few companies would be expanding the workforce. The

:06:32. > :06:36.director-general of the CBI estimated it would be almost 1

:06:37. > :06:39.million fewer jobs in the United Kingdom in the next four years and

:06:40. > :06:50.those under the age of 24 would-be the hardest. An exit negotiation

:06:51. > :06:58.from the European Union would be far from the straightforward a fear that

:06:59. > :07:02.the Leave camp are promising. The elections in France and Germany next

:07:03. > :07:10.year and I can guarantee that every vested interest via would be

:07:11. > :07:14.expecting to benefit from the British exit. We could expect no

:07:15. > :07:20.favours from those we have chosen to snub. This idea that we could

:07:21. > :07:27.negotiate a better deal from the outside rather than the one we do

:07:28. > :07:33.from the inside, at the same time as the European union was telling us to

:07:34. > :07:41.stay. It is simple fantasy. It simply will not happen. A moment

:07:42. > :07:44.ago, he talked about companies exporting to Europe and how that

:07:45. > :07:55.might be harmed by is leaving the European union. In the event of

:07:56. > :08:02.Leave E vote, with all businesses not struggle because of a lack of

:08:03. > :08:10.consumer spending power? From experience I can tell you what will

:08:11. > :08:17.happen. If we opt to leave the European Union, the markets will

:08:18. > :08:23.panic, consumers will do likewise and stop spending. This will have a

:08:24. > :08:30.huge impact on our economic stability. We need to remain it and

:08:31. > :08:34.hope worldly looking trading union and everyone to remain prosperous,

:08:35. > :08:40.we must move up the ladder, not doughnut. This future has to be

:08:41. > :08:47.about how your skills, higher wages and how your investment, not the

:08:48. > :08:54.opposite. The European Union has many feelings attached to it and no

:08:55. > :08:59.one doubts that. If we remain on the inside, we can and should influence

:09:00. > :09:03.the speed and direction of reform. If we step outside, we will be

:09:04. > :09:10.affected by the rules of the European Union bubble way of

:09:11. > :09:13.influencing them and no way of reform if the institutions. The

:09:14. > :09:18.consequences of the decision that the British people make next week

:09:19. > :09:24.will reverberate down the generations. This is not a decision

:09:25. > :09:32.to be taken lightly. All of our futures depend on it. No is not the

:09:33. > :09:36.time for reckless risk taking. It is time for cool, calculated

:09:37. > :09:43.consideration of the fights, the evidence and the expert opinion. All

:09:44. > :09:52.point to the same conclusion. We are stronger and better and safer off

:09:53. > :09:56.within a reformed European Union. Once again, we find ourselves

:09:57. > :10:06.involved any referendum and the crucial debate about more hour for

:10:07. > :10:11.this place. More critically, more power for the front bench over the.

:10:12. > :10:16.You may have been at 816 and 17-year-olds of the vote in this.

:10:17. > :10:25.But this is about younger people, about the future. About the tape of

:10:26. > :10:35.country we want to see. He was also reluctant to extend the deadline saw

:10:36. > :10:40.more young people could vote. It will impact younger people for far

:10:41. > :10:50.longer than little impact on those in this chamber. I'd hate to see it,

:10:51. > :11:04.but the Leave campaign have fought a vary in negative campaign. They have

:11:05. > :11:08.steered well clear of the facts. I was wanting to give them the benefit

:11:09. > :11:16.of the doubt, only to find myself in a leaflet advocating for Leave when

:11:17. > :11:19.I did not support that position. This was a power grab for the most

:11:20. > :11:31.right wing government in recent times. Instead of the Leave plans,

:11:32. > :11:38.what are the positive reasons for staying within the European Union?

:11:39. > :11:43.It is about cooperation with our member states. It gives us access to

:11:44. > :11:50.a single market of 500 million consumers. The European Union is

:11:51. > :11:57.Scotland's top export destination. There is more whiskey drunk in a

:11:58. > :12:02.month in France than cognac in a year. But that will not stop is

:12:03. > :12:08.exporting to the rest of the world. We benefit from many other markets.

:12:09. > :12:16.That will still be there. It will still be there. If anything, the

:12:17. > :12:22.European Union benefits as because we can step out the large European

:12:23. > :12:26.market. It is not just about big business. Small business benefits

:12:27. > :12:33.almost more than any. There are many businesses in my constituency that

:12:34. > :12:40.cannot afford a lawyer and 28 capital cities around the European

:12:41. > :12:50.Union. It fundamentally helps them. Would he agree that those in the

:12:51. > :12:57.Leave campaign say that we are in the fifth largest economy in the

:12:58. > :13:01.world, forget that many states in the United States are bigger than

:13:02. > :13:10.ours. We cannot compete with the likes of China. Would he agree that

:13:11. > :13:20.this is the ridiculous claim by the Leave campaign. I agree with them.

:13:21. > :13:23.Just as Scotland is a medium-size European state, the United Kingdom

:13:24. > :13:35.is in reality a medium-sized global state. By as the tread of many

:13:36. > :13:40.countries who have no connection with the European Union grown

:13:41. > :13:46.considerably in recent years. The idea that wit we would draw by

:13:47. > :13:56.leaving this enormous trading block is failing to face up to facts. It

:13:57. > :14:03.also helps us internally. If you think about the health care benefits

:14:04. > :14:08.that we have. Research, that is healthier. Scotland is currently

:14:09. > :14:18.leading the way on dementia research. I am proud of the role we

:14:19. > :14:21.have in that. Just as other member states are contributing to our

:14:22. > :14:30.health through the research. I give way. There are many hill schemes we

:14:31. > :14:37.have heard and part of the reason we are in this debate is for 40 years,

:14:38. > :14:49.we never talk about anything we gained, cleaner here, cleaner water,

:14:50. > :14:57.cleaner seaside. The European medicines agency is here sitting in

:14:58. > :15:05.London. I want to help everyone. Can I just say, we have over 50 people

:15:06. > :15:12.wanting to speak. That will not be possible if there are so many

:15:13. > :15:21.interventions. I think we benefit in a large of ways. Membership of the

:15:22. > :15:24.European Union has me does cleaner. I am sure members all round would

:15:25. > :15:31.congratulate the Scottish common for meeting the climate change targets

:15:32. > :15:35.for years ahead of schedule. We got very little help from this place but

:15:36. > :15:42.plenty of cooperation from our European partners. The quality,

:15:43. > :15:50.which was mentioned, the number of years ago, we had the likes of acid

:15:51. > :15:56.rain affecting Germany, the ear quality directives came out of that.

:15:57. > :16:03.It benefits all offers. If you look at Scotland's renewables industry

:16:04. > :16:06.which is thriving, no thanks to this government, but a lot of thanks to

:16:07. > :16:20.the cooperation of our European partners. Those people who are going

:16:21. > :16:30.to speak shortly, could he please not intervene at the moment? Working

:16:31. > :16:36.with partners has me does cleaner and mid Scotland healthier and

:16:37. > :16:47.wealthier. It has also made us smarter. Our universities IC dearly

:16:48. > :16:53.the benefits of collaboration with our European partners. In 2014,

:16:54. > :17:03.Scotland has received over ?200 million from the science fund it is

:17:04. > :17:09.set to receive ?1.2 billion by 2020. The benefits are huge for everyone

:17:10. > :17:19.on the campus. Across the United Kingdom there are nearly 11,500

:17:20. > :17:23.European Union students contributing to our universities, benefiting them

:17:24. > :17:27.clearly. Would he agree that collaborations such as that at

:17:28. > :17:34.Glasgow University could not happen if we were not part of this European

:17:35. > :17:40.Union family? That is an excellent point. Collaboration with the

:17:41. > :17:46.universities. A French student at Saint Andrews showed me the creation

:17:47. > :17:55.of the black hole. She raises a good point. I am someone who benefited

:17:56. > :18:01.from freedom of movement. I was able to pick up the opportunities that I

:18:02. > :18:07.had and I do not want to vote to take these opportunities away from

:18:08. > :18:11.young people the options I had and the opportunities many members in

:18:12. > :18:14.this house will have had. I just want to make a little progress.

:18:15. > :18:21.Freedom of movement, which often benefits companies as well as

:18:22. > :18:26.individuals within the society. The net contribution which has been made

:18:27. > :18:33.by the European Union has been significant. If you took that

:18:34. > :18:39.funding and we, the Chancellor would have even less money to impose this

:18:40. > :18:45.austerity budget he is proposing. The point I wish to make is that

:18:46. > :18:49.those students and those universities not only gain from what

:18:50. > :18:57.the European Union gives to them, but that also allows them to leave

:18:58. > :19:04.80 billion news for additional research spending to help educate

:19:05. > :19:09.everyone. A very good point. The ?350 million figure that were

:19:10. > :19:15.splashed about on the side of the bus. That did not last long when it

:19:16. > :19:20.stood up to no scrutiny. It ignored the huge range of benefits we gain

:19:21. > :19:29.from the European which call beyond that membership fee. Can we talk

:19:30. > :19:34.about also that freedom of movement is a two-way process. We think about

:19:35. > :19:37.the 1.5 million United Kingdom citizens who benefit greatly from

:19:38. > :19:45.freedom of movement across the European Union. I often pose this

:19:46. > :19:51.question. What is the difference between a European Union migrant and

:19:52. > :19:57.British expatriate? They are basically the same. On freedom of

:19:58. > :20:02.movement, some of the appalling language which has come out during

:20:03. > :20:07.this campaign has been terrible. Not least about migration and refugees.

:20:08. > :20:15.Where we benefit is from working with our European Union partner John

:20:16. > :20:28.foreign policy. The American policy -- President said the big mistake

:20:29. > :20:32.was the action in the aftermath of Libya the failure for us to deal

:20:33. > :20:36.with within the European Union has caused great problems and that is

:20:37. > :20:38.where most of the refugees are now coming from.

:20:39. > :20:52.In a few moments time the members on this site will be well aware that

:20:53. > :20:57.Chilcott will be published at the European Union had nothing to do

:20:58. > :21:06.with the disaster in Iraq and other UK foreign policy disasters. Compare

:21:07. > :21:10.this to the EU as a soft power. The EU and the process they make in

:21:11. > :21:14.stabilising south-east Europe and the future they could have another

:21:15. > :21:18.regions in dealing with the former Soviet Union, Europe can be a soft

:21:19. > :21:24.superpower and we need to be at the heart of that as well. As our

:21:25. > :21:28.partners in the European Union have said, our membership of Nato and the

:21:29. > :21:34.European Union complemented each other and have given us the longest

:21:35. > :21:39.period of peace and prosperity in European history and that is

:21:40. > :21:42.something that we should not forget. Finally on these different points I

:21:43. > :21:48.want to talk about where the European Union has made us fairer.

:21:49. > :21:53.The EU protect us in so many times, for paid holidays, giving parents,

:21:54. > :21:58.mums and dads the right to parental leave, and just think about the

:21:59. > :22:03.Draconian trade union laws that they want to bring in. Do you want to

:22:04. > :22:06.leave us up to the mercy of a right-wing conservative government

:22:07. > :22:10.when it comes to social protection? Social protections that have been

:22:11. > :22:14.advanced through our membership of the European Union. Last night the

:22:15. > :22:21.member for Uxbridge, who is actually not here, which doesn't surprise me,

:22:22. > :22:25.given the going over he got, he highlighted something he had said

:22:26. > :22:29.previously, we could easily scrap the social Charter. He is right,

:22:30. > :22:33.they could easily scrap the social Charter and all the benefits that go

:22:34. > :22:39.with it because this is, when it comes down to it, a right-wing Tory

:22:40. > :22:44.power grab. You are putting the right wing Tory foxes in charge of

:22:45. > :22:50.the chicken coop of progressive politics in the United Kingdom. I

:22:51. > :22:54.thank the honourable member for giving way and he is confronting

:22:55. > :22:58.directly the leftist leave argument that has been made which ignores the

:22:59. > :23:03.fact that we would be plunged into recession and pretends there would

:23:04. > :23:06.not be prosperity in Europe. There would be a carnival of reaction, not

:23:07. > :23:12.just in these benches opposite but also across Europe where right-wing

:23:13. > :23:17.and neofascist parties would come forward and destroy rights in the

:23:18. > :23:21.country as well. The member raises an excellent point. Frankly, Mr

:23:22. > :23:26.Deputy Speaker, you can't trust them, you can't trust them with

:23:27. > :23:29.social protection, you can't trust them with our environment and you

:23:30. > :23:33.can't trust them with workers' rights. This is a Tory excuse for

:23:34. > :23:39.more austerity and it is what is coming if you vote to leave. Lemmy

:23:40. > :23:48.also talk about democracy. We also talk about democracy from the vote

:23:49. > :23:52.to leave. We talk of Brexit people talking about democracy. There are

:23:53. > :23:55.28 elected state and 28 commissioners appointed by this

:23:56. > :23:59.government and the Parliament who can sack those commissioners. They

:24:00. > :24:03.talk of a Tory government majority here that was gained with just one

:24:04. > :24:09.in four voters voting for them and their worst selection result in

:24:10. > :24:14.Scotland for many years. They talk of a victory in Scotland with a

:24:15. > :24:17.fifth of vote and defeat with an SNP was just under half the vote and

:24:18. > :24:22.they talk up democracy as they eye up the seat in an affront to

:24:23. > :24:28.democracy that sits along at the end. Do not be fulled by their

:24:29. > :24:36.appeals for democracy, they could learn a thing or two about democracy

:24:37. > :24:40.from Europe. The EU is made up of 28 independent member states and nobody

:24:41. > :24:46.questions the independence of Germany, France, Denmark. Mary

:24:47. > :24:48.Robinson says she believes that Ireland only truly became

:24:49. > :24:55.independent after it joined the European Union. Another member made

:24:56. > :25:01.a valuable point earlier on when he said the European Union is a club

:25:02. > :25:05.for independent member states. The union of the UK is not. Not being

:25:06. > :25:09.independent here means you can have the poll tax, nuclear missiles on

:25:10. > :25:15.your soil, your fisheries described as expendable by a Tory government,

:25:16. > :25:19.against the wishes of your people, that is not democratic. In

:25:20. > :25:24.conclusion I joined the SNP because I want to see Scotland in the world.

:25:25. > :25:28.The real isolation came from the union and doing things through the

:25:29. > :25:35.prism of London. I started saying that this is about our future but

:25:36. > :25:38.let is -- let us reflect on the past. Scotland may be on the fringes

:25:39. > :25:45.of Europe geographically but we sit at its heart politically. I am

:25:46. > :25:50.commemorating the visit of Pope Benedict to Scotland. Scotland was

:25:51. > :25:54.once remarked as the special daughter of the church and that was

:25:55. > :25:59.back in 1218 when the Pope was trying to set out an archbishop in

:26:00. > :26:03.my constituency in St Andrews. Back then our European partners were

:26:04. > :26:11.protecting us from the worst excesses. Even when William

:26:12. > :26:19.Wallace's first act was a letter to rejoin the Hanseatic league, it's

:26:20. > :26:23.European Union of its day. With our environmental commitment and a

:26:24. > :26:26.commitment to clean future and our universities excellence and a

:26:27. > :26:32.commitment to social progression, Scotland remains the heart of

:26:33. > :26:34.Europe, and I hope that the isolationist tendencies of vote to

:26:35. > :26:42.leave and many in this place will not win out and we vote to remain

:26:43. > :26:46.next week. John Redwood. Prosperity not austerity is what we want and

:26:47. > :26:52.that would be so much easier to achieve when we cast off the

:26:53. > :26:57.shackles of the European Union. It is an institution renowned for its

:26:58. > :27:02.gross austerity. The damages it has done through swathes of our

:27:03. > :27:05.continent, driving young people into unemployment and preventing school

:27:06. > :27:10.leavers getting any job at all and starving public services of cash. We

:27:11. > :27:15.have seen the terrible damage done increase in parts of Italy and Spain

:27:16. > :27:19.and Portugal from these policies. How could we have some freedom to

:27:20. > :27:24.distance ourselves from them and we would have even more freedom when we

:27:25. > :27:28.take back our own money and taxes and budgets. I find it, Mr Deputy

:27:29. > :27:35.Speaker, bizarre that I woke this morning to press comment that there

:27:36. > :27:41.would need to be a post-Brexit about Budget. They seem to have conceded

:27:42. > :27:44.defeat and I will wait to see what the British public really wanted a

:27:45. > :27:48.vote that is still to be decided. They seem to have conceded defeat

:27:49. > :27:50.and said they would launch an austerity Budget if the British

:27:51. > :27:54.people dare to vote for their freedom and then of democracy. There

:27:55. > :27:57.was absolutely no need to do that and I would like to reassure the

:27:58. > :28:01.British people there would be absolutely no chance of them getting

:28:02. > :28:22.such a Budget through this House of Commons. I do not see any enthusiasm

:28:23. > :28:26.for it from the SNP or the Labour Party and there are many

:28:27. > :28:28.Conservative MPs who offer Brexit will be voting for lower taxes and

:28:29. > :28:31.more public spending, because that is what we will be able to afford

:28:32. > :28:35.out of the Brexit bonus or dividend when we get that 10 billion a year

:28:36. > :28:38.back that we send to them and do not get back. They do so hate it... I

:28:39. > :28:41.can't, because I had to be tight on time because others wish to speak.

:28:42. > :28:43.They so hate the idea that there is going to be this dividend because

:28:44. > :28:46.they know that the money is taken away from us and not used for the

:28:47. > :28:48.priorities of their electors, their health services and education

:28:49. > :28:51.services and getting rid of VAT on fuel, and much hated imposition that

:28:52. > :28:56.hits those on lower incomes far more than others and something we are

:28:57. > :28:59.legally not allowed to do within the European Union but which we would be

:29:00. > :29:03.free to do soon as the British people voted to leave, if that is

:29:04. > :29:07.their wish. The issue of our membership of the European Union

:29:08. > :29:20.needs to be looked at over the longer term because all of the

:29:21. > :29:22.gloomy and bogus forecasts have been getting from the people who wish to

:29:23. > :29:25.remain in our based on the assumption that the single market is

:29:26. > :29:27.some precious and virtuous body we can belong to which has fuelled our

:29:28. > :29:30.prosperity and manufacturing growth so far and which would no longer be

:29:31. > :29:36.a available to us we left. They are on both counts. It has not helped

:29:37. > :29:40.our manufacturing and when we leave we would still have access to the

:29:41. > :29:44.single market, just as 165 other countries around the world have

:29:45. > :29:48.access to that were -- market daily, without being members and without

:29:49. > :29:51.having to accept the freedom of movement provisions and without

:29:52. > :29:55.having to accept the taxes and the laws that are imposed on us in a

:29:56. > :30:02.wide range of issues that have nothing to do with trade whatsoever.

:30:03. > :30:07.Because the position of the single market when it came in did not

:30:08. > :30:12.accelerate our growth rate or our experts or manufacture in any way,

:30:13. > :30:17.the government did a very long -- good long-term survey. It took the

:30:18. > :30:23.period from 1951 to 2007. They started in 1951 because to leave out

:30:24. > :30:27.the bit right after the war with a big demobilisation affect ten to 51

:30:28. > :30:31.was a stable year and up until 2007, you can say the figures for

:30:32. > :30:34.Manufacturing today are identical because unfortunately we had a deep

:30:35. > :30:41.recession and we're just about getting back to those levels today.

:30:42. > :30:45.What those figures showed was that between 1951 and 1972, before we

:30:46. > :30:50.joined the European Union, we had manufacturing output growth of over

:30:51. > :30:53.4% per annum and now we're in the thing that has been absolutely no

:30:54. > :30:59.manufacturing growth at all over that very long time period. If we

:31:00. > :31:03.look at individual sectors we can see that prior to joining the

:31:04. > :31:08.European Union power metal sector grow at 3% per annum and it has

:31:09. > :31:12.declined at 6% per annum since we have been in it. Our food and drink

:31:13. > :31:16.industry grew up 5.6 per annum before we joined and it has been

:31:17. > :31:22.falling at what the semper and since we have been in the EU. Our textile

:31:23. > :31:30.sector grow at 2% per annum and it has now fallen by 6% per annum

:31:31. > :31:31.since. We had a steel industry thanks to massive national

:31:32. > :31:37.investment and the Labour government of the 60s and it now does 11

:31:38. > :31:40.million tonnes only. We had a 400,000 tonne aluminium industry

:31:41. > :31:45.when we joined the EU and now we have a 43,000 tonnes left. We had a

:31:46. > :31:49.20 million tonnes cement industry when we joined and we have a 12

:31:50. > :31:54.million tonne industry left and we had a 1 million tiny fishing

:31:55. > :31:59.industry when we joined the EU and we have just 600,000 tonnes left

:32:00. > :32:02.now. Some of these industries, particularly the fishing industries,

:32:03. > :32:08.my honourable friend well knows, have been gravely damaged by our EU

:32:09. > :32:11.membership itself. It is EU rules and the common fishing policy and

:32:12. > :32:15.the quota allocations to other countries against the interests of

:32:16. > :32:19.our own fish are people that has led to a halving of the numbers of

:32:20. > :32:25.fishermen that we have in our country during our membership of the

:32:26. > :32:28.European Union. Far from our experience in manufacturing being

:32:29. > :32:32.benign in the European Union, we have discovered that high energy

:32:33. > :32:37.prices, rate subsidies and arrangements that help other

:32:38. > :32:42.countries more than ours and a policy quite often of providing

:32:43. > :32:47.subsidy and Grant and cheap loans to manufacturers to literally transfer

:32:48. > :32:51.plants to Britain and other continental countries has been part

:32:52. > :32:55.of the background to the dreadful erosion of our manufacturing. It is

:32:56. > :33:04.fed to look in manufacturing because as I think Reamin campaigners always

:33:05. > :33:09.say and agree, there is no single market in services. The single

:33:10. > :33:14.market was completed by goods in 1992 and now we have the experience

:33:15. > :33:18.until today and it has not made any beneficial difference whatsoever to

:33:19. > :33:22.our manufacturing, this very deep-set decline which is

:33:23. > :33:25.characterised by a period in the European Union was not turned around

:33:26. > :33:31.by the single market measures which were introduced. Fortunately our

:33:32. > :33:36.services have not yet been damaged by the growing regulation within the

:33:37. > :33:39.EU but the evidence from what happened to manufacturing is not

:33:40. > :33:44.encouraging when you look at what might happen to our services. We

:33:45. > :33:47.already have many cases where the City of London defending his

:33:48. > :33:49.interest as a financial service provider finds itself at variance

:33:50. > :33:54.with European rules coming in and because it is settled by a qualified

:33:55. > :33:59.majority vote, being around the table is no use to us because we get

:34:00. > :34:03.outvoted and if we dare to take it further we get European Court

:34:04. > :34:06.judgments against our alleged infringement of their rules. Mr

:34:07. > :34:11.Deputy Speaker, I know that you are very keen that I keep these remarks

:34:12. > :34:14.very short and this is a very important case that doesn't get

:34:15. > :34:18.heard in this house so I am afraid for once I am not going to be able

:34:19. > :34:24.to take interventions. The position is quite simple. Outside the

:34:25. > :34:28.European Union we will continue to trade fully with the European Union,

:34:29. > :34:33.as we do today. On our side we are not proposing a wholesale removal of

:34:34. > :34:36.rules and regulations. One of the genuine benefits of the single

:34:37. > :34:40.market, as has been pointed out, is that there are common rules and

:34:41. > :34:45.regulations for trading with all countries. The great news is that we

:34:46. > :34:49.get the benefit of that whether we are in or out. The Americans have

:34:50. > :34:52.grown that trade more quickly with the EU than we have from within and

:34:53. > :34:57.they get the benefits of that part of the single market because they

:34:58. > :35:01.only have two supply to one specification, just as we do from

:35:02. > :35:06.within. The advantage we would get outside is that many of the common

:35:07. > :35:09.rules and standards are informed by global ones. We have been kicked off

:35:10. > :35:14.the global bodies by the European Union and with will get our seat and

:35:15. > :35:18.vote and voice back on the global bodies so we will have more

:35:19. > :35:27.influence at the top table in return for no longer being part of the EU.

:35:28. > :35:34.For prosperity, not austerity, for control of our own taxes, spending

:35:35. > :35:38.our own money, providing growth out of spending that extra money,

:35:39. > :35:48.trading freely without restrictions, vote leave. I am grateful to have

:35:49. > :35:54.followed the Right Honourable member for walking, equality is considered

:35:55. > :36:06.one of the more erudite spokesman of the campaign. I waited for a

:36:07. > :36:10.coherent, case, but instead we got this makes fantasy and naivete which

:36:11. > :36:14.I never thought would hear expressed in the way it was. I would like to

:36:15. > :36:19.make three points. Firstly, his diagnosis and the diagnosis of the

:36:20. > :36:27.British economy and its relationship to its European economic hinterland

:36:28. > :36:33.is based on a perception of gumball diplomacy and tariff walls, economic

:36:34. > :36:39.rivalry. It is such a backward looking view. As Margaret Thatcher

:36:40. > :36:44.herself rightly recognise and the inventor of the single market

:36:45. > :36:49.rightly recognised, modern trade is not about taxes, levies and tariffs

:36:50. > :36:51.but about the rules, the standards, the norms, the qualifications and

:36:52. > :36:58.the regulations that either incest or impede trade. -- either assist or

:36:59. > :37:02.impede trade. If you are not in the room where those rules are being

:37:03. > :37:10.made, what control do you gain by being outside the room? It is a

:37:11. > :37:15.catastrophic loss of sovereignty and loss of control. I will give way. As

:37:16. > :37:25.usual, the Right honourable gentleman is actually just off beam.

:37:26. > :37:29.The way in which... He is completely incapable of getting anything on the

:37:30. > :37:35.European Union rights. The manner in which the decisions are taken by the

:37:36. > :37:41.Council of ministers, are the well knows, is largely behind closed

:37:42. > :37:49.doors, and are not made any manner in which he suggests. -- at the well

:37:50. > :37:53.knows. Being called off beam by the honourable gentleman is... He and I

:37:54. > :38:13.share a passion for Sheffield, so we shall put that aside. Services are

:38:14. > :38:20.barely affected by tariffs. What is affected. We are services economy

:38:21. > :38:26.superpower protected by the rules which we'll be excluded from. As the

:38:27. > :38:30.honourable gentleman acknowledged, it is a work in progress, so what do

:38:31. > :38:34.you do when there is a work in progress when you are the chief

:38:35. > :38:39.author and architect of the success in that very area? Why on earth

:38:40. > :38:42.would you walk away from the construction of the building of

:38:43. > :38:48.which you are the chief architect and the chief beneficiary? 7%

:38:49. > :38:58.increase energy DP is the calculation of the improvement in

:38:59. > :39:05.economic in this country that the Brexit can want to walk away from --

:39:06. > :39:10.7% increase in GDP. Why was there an improvement in manufacturing

:39:11. > :39:21.activity with the single market? -- why was there no improvement? The

:39:22. > :39:23.way he used statistics, even by the friendly basis standard by which

:39:24. > :39:29.that ethics have been bandied about by both sides in this campaign,

:39:30. > :39:33.spectacularly misleading. -- that statistics have been bandied about.

:39:34. > :39:36.You would think this club we have been a member for 40 years would be

:39:37. > :39:40.the fount of all misery if you listen to the browser campaign. How

:39:41. > :39:45.come we are still an independent, and broadly speaking prosperous

:39:46. > :39:53.nation if we have been a member of it for over four decades? The second

:39:54. > :39:58.point, which is completely omitted by the analysis from the Brexit

:39:59. > :40:01.campaigners, is our current deficit. To be fair it is something the

:40:02. > :40:08.Government is very silent on as well, for good reason, because it is

:40:09. > :40:11.shockingly large. 7% GDP is historically and internationally

:40:12. > :40:18.very, very high, and in my view in the under sustainable by historical

:40:19. > :40:22.standards. -- unsustainable. If you run such a huge unprecedented

:40:23. > :40:28.current-account deficit, you rely on the kindness of strangers. The only

:40:29. > :40:34.way that current-account deficit is sustainable is if strangers from

:40:35. > :40:42.elsewhere in the world and nest in assets in this country. Property,

:40:43. > :40:47.infrastructure, financial services, factories, companies. -- invest in

:40:48. > :40:51.assets. What are those investors? Because it is on the kindness of

:40:52. > :40:54.those strangers upon which these sustainability of that ballooning

:40:55. > :41:00.current-account deficit relies. What will those strangers think after

:41:01. > :41:03.next Thursday when they do not even know whether our country will

:41:04. > :41:08.survive at all? The United Kingdom may not persist because Scotland may

:41:09. > :41:13.trigger a second referendum and see the United Kingdom fault. What are

:41:14. > :41:18.they going to the as they see this year after year after year of

:41:19. > :41:21.grinding political and constitutional and economic

:41:22. > :41:25.uncertainty? Why would they continue to invest in UK plc? And if they

:41:26. > :41:28.suddenly pull out of their money, I will tell you what will happen. The

:41:29. > :41:34.pound will plummet. Inflation in prizes for ordinary people will go

:41:35. > :41:38.up. We will be caught in an economic whirlwind which these people

:41:39. > :41:45.irresponsibly want to inflict on millions of our citizens. It is a

:41:46. > :41:48.scandalous position to take. He is making some very powerful points.

:41:49. > :41:55.Can I just remind the House that we are still living with the

:41:56. > :41:58.consequences of the financial crisis in 2007, 2008. I would say to the

:41:59. > :42:02.right honourable gentleman that the answer to the question he is asking,

:42:03. > :42:05.the stock market has fallen by 80 billion in the last few days as

:42:06. > :42:10.investors recognise the risk to this country if we have a Brexit vote

:42:11. > :42:14.next week. That is the start of Lisa Nandy he is talking about. Why would

:42:15. > :42:18.we risk the Bristol area day of the United Kingdom and the rest of

:42:19. > :42:25.Europe by taking such an action? -- risk the prosperity? I played a

:42:26. > :42:33.role, somewhat pointlessly, it turned out, for five years and the

:42:34. > :42:36.Coalition Government, to try and provide the political stability the

:42:37. > :42:41.country needed to recover from that cardiac arrest that occurred in

:42:42. > :42:46.2008. It was I think the right thing to do. You cannot recover from that

:42:47. > :42:49.kind of, if you have closed and constitutional and political

:42:50. > :42:53.instability, yet that is what the Brexit can want to wilfully inflict

:42:54. > :42:57.on this place and the country. It is astonishing they want to drag us

:42:58. > :43:02.back into the furnace of that economic disaster from which we are

:43:03. > :43:06.still escaping right now. Third and final point. Unlike a think every

:43:07. > :43:10.single member of this has, in a previous incarnation, before I went

:43:11. > :43:14.into politics, I actually worked in a relatively lowly manner as an

:43:15. > :43:20.international trade negotiator. I was part of the EU trade negotiation

:43:21. > :43:22.team which tried to settle the terms of China's accession into the World

:43:23. > :43:31.Trade Organisation. I spent months haggling with hard-nosed Russian

:43:32. > :43:35.trade negotiators about the overflight rights pay by British

:43:36. > :43:38.Airways and European airlines and the overflow Siberia. I spent a lot

:43:39. > :43:44.of time with international trade negotiator. These are very

:43:45. > :43:48.unsentimental people. And the idea, it is on the larval something to say

:43:49. > :43:53.it, that you can pool out of the world's's largest economic block and

:43:54. > :43:58.then say to these unsentimental people, who have driven such a hard

:43:59. > :44:07.bargain, we want not just the same. We want better deals, better set of

:44:08. > :44:10.conditions on the half of and economy of only 60 million. Who do

:44:11. > :44:14.the Brexit can think these negotiators are? They are not stupid

:44:15. > :44:20.and naive. They will just sniggered. I have scoured the Internet this

:44:21. > :44:24.morning to look for these apparently freedom loving nations who will cut

:44:25. > :44:30.these favourable deals with us as we depart into this land of milk and

:44:31. > :44:36.honey as people ever lovely give us concessions. -- effortlessly give us

:44:37. > :44:42.concessions. I cannot find any ones. Have the Indian said it? Has the

:44:43. > :44:46.Americans, the trillions? Not a single country anywhere in the world

:44:47. > :44:48.has said that they will give better terms of trade to the United Kingdom

:44:49. > :44:54.on its own and the European Union. So please, if we do one thing

:44:55. > :45:00.between now and next Thursday, while means let's thrash it out between

:45:01. > :45:03.those who want us to remain in the EU, flawed and reformed as it must

:45:04. > :45:07.be, and those who want us to go out. But let's not do it on these

:45:08. > :45:11.falsehoods, this misleading nonsense, the naivete and fun to see

:45:12. > :45:18.which would do this great country of ours such a terrible disservice. --

:45:19. > :45:23.and naivete and fantasy. It is a great nostalgic pleasure to follow

:45:24. > :45:28.the honourable member for Sheffield and Hallen, and you can reiterate --

:45:29. > :45:34.here Henrietta read the fears that he first enunciated if we left the

:45:35. > :45:39.ERM, and those fears proved wrong. And then the fears which he next

:45:40. > :45:45.enunciated, if we did not join the euro, and in the proved the reverse

:45:46. > :45:49.of the truth. So it is nostalgic to hear him recycling has damaged goods

:45:50. > :45:54.again today. It is even more of a pleasure to follow from my right

:45:55. > :45:59.honourable friend, the member from walking, because he and I worked

:46:00. > :46:04.together at the DTI, and I think I am the only serving member of

:46:05. > :46:09.Parliament, possibly apart from the member for Sheffield and Hallam, who

:46:10. > :46:12.has experience negotiating successfully and international trade

:46:13. > :46:16.deal, and with my right honourable friend, we introduced the single

:46:17. > :46:22.market programme into this country. So we have some experience, and I

:46:23. > :46:27.want to apply that experience to some of the arguments. I find on

:46:28. > :46:32.this issue, as most issues, we in politics, when we have no experience

:46:33. > :46:35.on anything, we simply adopt the most plausible argument that

:46:36. > :46:40.supports our case. That is, I am large, is what happens on matters of

:46:41. > :46:47.trade and economic in their size, because there is so little

:46:48. > :46:52.experience of it. -- in this House. I am one of the few who has

:46:53. > :46:57.experience in this. Let me first take the very idea that trade

:46:58. > :47:00.agreements are a necessary and essential for trade. They are

:47:01. > :47:07.important, I hate to say it, because I have got a vested interest in

:47:08. > :47:10.claiming my interest in these things, but less important than

:47:11. > :47:21.people imagine. Particularly between developed countries. The average

:47:22. > :47:27.tariff that would apply to British exports to the EU, and the almost

:47:28. > :47:35.inconceivable circumstances that we had no free trade agreement with

:47:36. > :47:42.them, would average 2.4%. Better not to have that. I would rather not

:47:43. > :47:45.have that. But compared with the movements in the exchange rate, it

:47:46. > :47:49.is negligible and much less important than we think. The only

:47:50. > :47:54.important trade deals are those with the fast-growing markets of Asia,

:47:55. > :47:58.Latin America, and Europe, which still do have high tariff levels,

:47:59. > :48:06.and we ought to be wooden to negotiate trade deals with them. --

:48:07. > :48:09.looking to negotiate. I entirely agree with everything that the right

:48:10. > :48:15.honourable gentleman asset. What we have not discussed in far is that

:48:16. > :48:20.people want us, our market, just as much as we may want their market. It

:48:21. > :48:26.takes two to tango in any trade deal, and trade deals will go on

:48:27. > :48:29.regardless. My honourable friend is absolutely right. Trade deals take

:48:30. > :48:34.place because the are in the mutual interests of both parties. They are

:48:35. > :48:37.not actually a military conflict. They are something like trade

:48:38. > :48:41.itself, which takes place between two parties. And very plausible but

:48:42. > :48:47.incorrect argument is that trade agreements always take a long time.

:48:48. > :48:57.When the Secretary for foreign affairs was asked whether they had

:48:58. > :48:59.done any study of trade agreements, a Freedom of information request

:49:00. > :49:03.revealed neither the Treasury or the Government have done any study of

:49:04. > :49:08.these trade agreements and I wish the talks knowledgeable. But studies

:49:09. > :49:13.have been done. I refer to one done by the European Centre of studies in

:49:14. > :49:19.Germany, who has done a study of every single trade agreement in the

:49:20. > :49:29.last 15 years, 20 years. There are 88 of them. The average time the

:49:30. > :49:34.trick was 28 months. -- time they took. But there was a great variety

:49:35. > :49:37.of times. The ones that are going time, which concurs with my

:49:38. > :49:43.experience, were those that involve lots of countries. And by

:49:44. > :49:47.definition, any EU treaty involves 28 countries and take a long time.

:49:48. > :49:58.Because all of those 28 countries have vetoes.

:49:59. > :50:05.Bilateral treaties between two countries take less than that

:50:06. > :50:09.average of 28 months. We shouldn't start eluding people that it will

:50:10. > :50:14.take a long time to negotiate bilateral deals with countries who

:50:15. > :50:17.already have bilateral deals with Switzerland, for example. A member

:50:18. > :50:22.asked rhetorically whether anyone was queueing up for trade deals with

:50:23. > :50:29.us. Don't look for what they say, look for what they do. Switzerland

:50:30. > :50:33.has trade deals with countries whose total GDP is four times that of the

:50:34. > :50:40.countries with which the EU has trade deals. Chile has trade deals

:50:41. > :50:44.with countries who GDP collectively is even bigger than that.

:50:45. > :50:49.Switzerland has a trade deal with China. We are told it is a bad deal

:50:50. > :50:53.for Switzerland but clearly the Swiss did not think so. They

:50:54. > :50:58.published on their website the details of this deal and you can

:50:59. > :51:03.look at it. By the time the EU even gets around to negotiating a trader

:51:04. > :51:07.with China, which, by the way, they will never succeed because they

:51:08. > :51:11.insist on human rights terms that the Chinese will not accept, the

:51:12. > :51:17.Swiss will have zero tariffs on the vast majority of their exports to

:51:18. > :51:20.China. I thank my right honourable friend forgiving way and he is a

:51:21. > :51:24.distinguished former trade Secretary knows what he on about and we come

:51:25. > :51:28.from different sides of the debate on this issue, but would he accept

:51:29. > :51:31.that all of his experience and wisdom and contacts in the

:51:32. > :51:39.Commonwealth and the European Union, particularly in the Commonwealth,

:51:40. > :51:44.people wanted to do business with Britain in and out of Europe, is it

:51:45. > :51:47.not the case that Commonwealth leaders want to have a trade deal

:51:48. > :51:53.with the whole of Europe, not just United Kingdom. They probably want

:51:54. > :51:56.trade deals with whoever they can negotiate sensible trade deals with

:51:57. > :51:59.and they will not say it is either/ or, they will want to trade deal

:52:00. > :52:02.with us because we are the fifth biggest economy in the world, and

:52:03. > :52:06.they will want to trade with the EU but they will find it takes a very

:52:07. > :52:11.long time because all 28 countries will have to agree to it first. Now

:52:12. > :52:20.there is a suggestion very often that the deal is that the EU gets

:52:21. > :52:22.will be better because it's bigger. Actually, not only are they more

:52:23. > :52:26.complicated to do with lots of countries, but they take longer and

:52:27. > :52:30.the result is worse and list comprehensive because you have 28

:52:31. > :52:35.times as many exceptions and exclusions so they are less

:52:36. > :52:39.comprehensive trade deals. As far as the UK is concerned they are even

:52:40. > :52:45.less likely to be in our interest because we can see what has happened

:52:46. > :52:50.so far. One third of the trade deals the EU has negotiated with other

:52:51. > :52:54.countries, one third of those deals don't include services. Services are

:52:55. > :52:59.very important to this country as has been repeatedly stated, but less

:53:00. > :53:03.important to the rest of the EU, so they don't bother to include

:53:04. > :53:09.services in it. Switzerland also has a great importance to exporting

:53:10. > :53:12.services so 90% of their trade deals do include services, as, of course,

:53:13. > :53:18.would ours if we were independent and making our own deals. I am

:53:19. > :53:21.grateful to you for giving way. You mention Switzerland quite often and

:53:22. > :53:27.it is part of the European economic area but they still placed their

:53:28. > :53:32.banking services in London to access the rest of the European Union

:53:33. > :53:38.through the passport any agreements. Has he looks at that particular

:53:39. > :53:42.problem and does he have a solution? Actually they moved their banking

:53:43. > :53:48.centres to London after the Big Bang and before the single market. I

:53:49. > :53:51.actually negotiated the second banking directive which introduced

:53:52. > :53:55.passport in for banks and I was so proud of and I wanted to make a

:53:56. > :53:58.speech saying what a wonderful thing it was and what a wonderful thing

:53:59. > :54:01.the single market programme was and I asked my officials to find

:54:02. > :54:07.examples of banks and others that were using, doing things made

:54:08. > :54:11.possible by the single market programme in this sort of passport

:54:12. > :54:14.and because they couldn't find a single one at that point because

:54:15. > :54:18.nearly all banks trade through subsidiaries which means they don't

:54:19. > :54:24.take advantage of the passport in which allows you to operate through

:54:25. > :54:28.a branch rather than a subsidiary regulated by the British financial

:54:29. > :54:32.authorities in the country in which they operate, they choose to buy

:54:33. > :54:36.banks and their other countries that I will come on to other aspects of a

:54:37. > :54:41.passport in issue that I will come onto of time permits. I give way. I

:54:42. > :54:45.am grateful to the honourable gentleman and I always listen very

:54:46. > :54:51.carefully to what he says. He has made a very strong case about the

:54:52. > :54:57.difficulties as a large trading block of 27 nations negotiating, and

:54:58. > :55:03.the time it would take to do that. Why is it that he does feel that in

:55:04. > :55:08.short measure it would be possible for the UK to re-establish its

:55:09. > :55:13.trading relations with an EU that no longer had us as part of it. He has

:55:14. > :55:19.made a very compelling case to show why that would not be possible. I

:55:20. > :55:24.was going to come onto it. It takes quite a long time, for examples, for

:55:25. > :55:27.the EU to negotiate a trade deal with Canada because each country has

:55:28. > :55:31.tariffs against the other and different product specifications and

:55:32. > :55:36.so on, and they are having to trade off a cut on tariffs on steel

:55:37. > :55:40.against another cut against leather goods and you can see can take a

:55:41. > :55:45.long time, particularly if there is not much enthusiasm for it at all.

:55:46. > :55:50.If you are starting, as we do come with the rest of Europe, with zero

:55:51. > :55:54.tariffs on both sides and common product standards, zero to zero can

:55:55. > :56:00.be negotiated in a very short space of time I would've thought, compared

:56:01. > :56:05.with 10,000 different tariff lines which are involved in other tariff

:56:06. > :56:08.agreements, so it should not take long goodwill on both sides to

:56:09. > :56:13.negotiate a free trade, continuing free-trade deal. I'm afraid the

:56:14. > :56:26.honourable member has burnt his boats. There is another myth, which

:56:27. > :56:30.is, I'm afraid, actually proffered my right honourable friend the

:56:31. > :56:37.Foreign Secretary. That is that we will need to re-negotiate the trade

:56:38. > :56:42.agreement with all the countries with which the EU currently has

:56:43. > :56:47.trade agreements. That is not the case. There is an accepted principle

:56:48. > :56:52.in international law, the principle of continuity, that if a political

:56:53. > :56:56.unit splits in two parts, like the Soviet Union did, for example, or

:56:57. > :57:00.Czechoslovakia did, then the component parts continue with that

:57:01. > :57:09.agreement unless one party objects to it. There is absolutely no reason

:57:10. > :57:15.to suppose that the countries with which we currently are party to free

:57:16. > :57:20.trade agreements will want when that free trade agreement. For a example,

:57:21. > :57:25.when the Soviet Union broke up it then was not a member of the WTO so

:57:26. > :57:30.it had traded under separate trade agreements, I'll come to an end in a

:57:31. > :57:35.minute, with other countries. Those trade agreements automatically

:57:36. > :57:40.motivated so that even America within greets -- not weeks had

:57:41. > :57:46.motivated its agreements to Russia and other successor states. I am

:57:47. > :57:51.under pressure to finish so I will try to do so. Just one final world

:57:52. > :57:59.if I may on the single market. It is often talked about as if it is some

:58:00. > :58:04.arcane inner sanctum. It is simply the European market. It is like the

:58:05. > :58:08.American single market. We have no agreement with the American single

:58:09. > :58:12.market and we are not members of the American single market, but it is

:58:13. > :58:16.our biggest trading party nationally in the world. All the single market

:58:17. > :58:22.consisted of was standardising the product specification so instead of

:58:23. > :58:25.having to have 20 ranges of refrigerator or lawn mower or

:58:26. > :58:33.whatever, you have one, and that is very sensible. It is just as much an

:58:34. > :58:35.advantage to an exporter from outside the EU exporting

:58:36. > :58:40.refrigerators or lawn mower was into the EU as it is for member states

:58:41. > :58:45.within it. And actually they have taken more advantage of it than we

:58:46. > :58:50.have and exports have gone up more than ours have, perhaps because they

:58:51. > :58:54.don't have to bear the burden of EU regulations on 100% of their firms,

:58:55. > :58:58.but only on those aspects of their activities carried out the EU. That

:58:59. > :59:03.is another aspect of the benefits that we would get from leaving,

:59:04. > :59:07.along with our ability to negotiate free-trade agreements with a

:59:08. > :59:13.fast-growing protected market in the world, on whom our children's future

:59:14. > :59:18.will depend. After this next speech, we are now on a five-minute limit.

:59:19. > :59:21.Caroline Flint. It is a pleasure to follow The Right Honourable member

:59:22. > :59:27.for Hitchin and Harpenden speak on the debate. He has added to my 57

:59:28. > :59:30.varieties of what the future might be if we leave the European Union it

:59:31. > :59:33.when it comes to our trading arrangements. Like the Foreign

:59:34. > :59:37.Secretary he was right when he said that few people say they love the

:59:38. > :59:41.EU, but many like me passionately love our country and like me they

:59:42. > :59:53.believe Britain is a strong country, one

:59:54. > :59:57.of the great nations and a force for good and our status as the fifth

:59:58. > :59:59.largest economic power is not undermined by 40 years of EU

:00:00. > :00:02.membership, rather it has been sustained and enhanced by it. The

:00:03. > :00:04.league campaign have no credible answers to the question of what we

:00:05. > :00:07.gain economically by leaving, and those voters who have not decided

:00:08. > :00:13.yet often raise their concerns about the uncertain place Britain may

:00:14. > :00:17.occupy after the 23rd if we leave. I don't believe that uncertainty is a

:00:18. > :00:22.price worth paying. Unless the governor of the bank of England and

:00:23. > :00:26.almost every independent economic forecast are wrong, the UK will lose

:00:27. > :00:31.business, trade, jobs and investment, if we leave, landing the

:00:32. > :00:35.government with lower tax revenues, and that means less for our

:00:36. > :00:39.hospitals and schools. Even Brexit campaigners acknowledge there will

:00:40. > :00:44.be an economic shock while they plan to spend fantasy money ten times

:00:45. > :00:48.over. I appreciate how difficult it is for my constituents and many

:00:49. > :00:52.others to see the wood for the trees. Some of the claims and

:00:53. > :00:55.counterclaims from both sides have not helped, but my first concern is

:00:56. > :00:59.not for the wealthy because they will survive whatever the outcome.

:01:00. > :01:03.The leave campaign likes to suggest that it is only in the interest of

:01:04. > :01:09.the big corporate companies, the wealthy and the establishment, to

:01:10. > :01:14.remain. I suppose as MPs we are all part of the establishment, but if I

:01:15. > :01:19.was not, I would not be, none of my family is. It is black background,

:01:20. > :01:22.wanting the best for my constituents, and living in

:01:23. > :01:26.Doncaster for nearly 20 years that causes me so much concern about how

:01:27. > :01:29.ordinary families should pray the price if we leave. When I was a

:01:30. > :01:34.child only the well-off could fly abroad. Today we have cheap air

:01:35. > :01:38.travel, we can stay in touch with home without a ?300 head they'll --

:01:39. > :01:45.phone bill and we have guarantees to enjoy holidays and we have a

:01:46. > :01:49.European health card to ensure access to health treatment anywhere

:01:50. > :01:51.in the EU. They are helped to afford those holidays because their

:01:52. > :01:56.shopping and other bills are cheaper and more jobs are available because

:01:57. > :02:01.of our EU membership. I don't want people to exist just to work, but

:02:02. > :02:07.through their opportunity to work I want them to be able to enjoy life

:02:08. > :02:15.as well. In Yorkshire 250,000 jobs are directly linked to the EU.

:02:16. > :02:22.Siemens is investing ?160 and offshore wind manufacturing. Many

:02:23. > :02:26.small and medium-size businesses in Europe and it is in the interests of

:02:27. > :02:30.our region and our country to stay and it is those jobs and rights and

:02:31. > :02:36.benefits and the enjoyment that we get from them which we must protect.

:02:37. > :02:40.The last Labour government signed up to the social chapter, ensuring

:02:41. > :02:45.every worker won the right to four weeks paid holiday. Nationally we

:02:46. > :02:49.added bank holidays on top. A good example of how we can improve

:02:50. > :02:54.workers' rights really EU and as a sovereign nation as well. We forget

:02:55. > :02:58.this because it is so long ago, 7 million more people gained paid

:02:59. > :03:04.holidays or enhance their holidays as a result of that change. Voting

:03:05. > :03:08.to leave the EU means hard-won rights are at risk because we know

:03:09. > :03:12.some of the biggest cheerleaders for Brexit see protections for ordinary

:03:13. > :03:17.British workers as red tape to be binned. They will use immigration as

:03:18. > :03:20.a reason to leave the EU but they don't want to tackle the

:03:21. > :03:25.exploitation of foreign workers that affect British workers as well.

:03:26. > :03:28.Immigration has become the place for people who want to leave to place

:03:29. > :03:33.the blame but the failing is not the European Union, it is ours. I have

:03:34. > :03:36.spoken out about insecurities that jobs and housing services in the

:03:37. > :03:40.future, especially in the parts of Britain, like the Don Valley, where

:03:41. > :03:46.we don't live in metropolitan cities. People for whom the benefits

:03:47. > :03:51.of globalisation seem to pass their town by and work for many has become

:03:52. > :03:57.a way to insecure. These people are not racist, they want fairness. The

:03:58. > :04:02.benefits of immigration to employers and the tax take of the Treasury are

:04:03. > :04:05.matched by support for communities and additional pressures on housing

:04:06. > :04:10.and schools and health services will. We can openly dosed -- discuss

:04:11. > :04:13.the benefits of migration including the businesses and jobs migrants

:04:14. > :04:17.have created in Britain, but not ignore it when it is causing

:04:18. > :04:20.problems as well. We need to know, is it a perception of reality that

:04:21. > :04:25.British people are not getting the jobs filled by European migrants?

:04:26. > :04:31.British beanpole being turned down or are they not applying? I give

:04:32. > :04:36.way. On the very point that she is raising, I mentioned earlier that a

:04:37. > :04:41.very large number of people in the adult social care workforce were not

:04:42. > :04:45.born in the UK and that sector has a 5% vacancy rate because people are

:04:46. > :04:50.not applying because of the poor terms and conditions. That partly

:04:51. > :04:53.answers that. Is she is concerned as I am that the care sector could

:04:54. > :04:59.collapse if there were further restrictions on the people that come

:05:00. > :05:03.to work here. My honourable friend is absolutely right. In Yorkshire

:05:04. > :05:06.alone something like 2000 EU migrants working in health and

:05:07. > :05:11.social care. Sometimes we have to look at the nature of the work that

:05:12. > :05:14.is going on here and why it is that actually these insecure areas that

:05:15. > :05:18.are poorly paid are using migrant workers that is not only exploiting

:05:19. > :05:26.them but not doing much for the users of those services either.

:05:27. > :05:30.If the honourable lady aware that the Labour Government introduced

:05:31. > :05:37.here are three in 2008, which is an skilled migration from outside the

:05:38. > :05:44.EU. -- an skilled migration. It has been closed ever since. Will she

:05:45. > :05:48.speculate on where we will get unskilled labour in the future when

:05:49. > :05:55.we no longer have people coming to fill those jobs that British people

:05:56. > :06:03.do not want. What I will say is there. We need a future where social

:06:04. > :06:08.care is not burly head. -- Purley paid. That is the challenge. That is

:06:09. > :06:12.what we have to take ownership for as a country and not blame the EU

:06:13. > :06:16.for the problems on her doorstep. There is fraud and there is paying

:06:17. > :06:22.off the books, but that happens with British people do. Working illegally

:06:23. > :06:28.with bad employers and sometimes criminal organisations behind them

:06:29. > :06:33.calling the shots. Change is not as easy as some for others. To leave

:06:34. > :06:38.will not solve that. The Coalition Government was wrong to abolish the

:06:39. > :06:43.migration impacts fund, and freedom to movement should be freedom to

:06:44. > :06:46.work. It is good news that the much maligned European Court of Justice

:06:47. > :06:50.has ruled that is absolutely right that EU member state should be

:06:51. > :06:56.allowed to withhold benefits. Let's be honest. Young Brits do not too

:06:57. > :06:59.up-to-date to pick crops or work in social care. The greatest deceit

:07:00. > :07:05.from the league campaign is that the UK can keep all the access to the EU

:07:06. > :07:09.single market but not allow EU workers to work here. But if we

:07:10. > :07:15.restrict EU workers to water, why would the Brits who work in Europe

:07:16. > :07:19.not the similar restrictions. Nonmembers do not get better deals.

:07:20. > :07:24.Why would they offer a better deal, better than any of the other 27

:07:25. > :07:30.members? That would be a recipe for every country to leave. Most of all,

:07:31. > :07:33.let us not let the Leave campaign claim they are more patriotically

:07:34. > :07:38.than those who want to remain. We must not let them. I love Britain,

:07:39. > :07:43.and we will continue to be a strong, proud nation. But we are stronger

:07:44. > :07:50.and better off as members of the European Union. Can I just say that

:07:51. > :07:54.I have got to announce the results. Order, order. I have no to knows the

:07:55. > :08:01.result on the question related to book call Government. The ayes were

:08:02. > :08:07.278. The noes workforce. Of those members resenting assiduously is in

:08:08. > :08:14.England, the ayes where... The ayes have it. We are now introducing the

:08:15. > :08:19.five-minute limit. I have one very simple message as we approach the

:08:20. > :08:27.last week of this referendum campaign. It is this. People fought

:08:28. > :08:34.and died for the right to be able to govern themselves. People fought and

:08:35. > :08:44.died for our democracy. It is born democracy and that everything else

:08:45. > :08:48.depends. -- it is upon democracy. The people fought and died for the

:08:49. > :08:52.right to govern themselves, and everything else depends upon that,

:08:53. > :09:00.including the economic arguments. If you get this issue wrong, if the

:09:01. > :09:09.British people vote to stay in the European Union, I would urge them to

:09:10. > :09:15.consider the consequences for future generations. We have, as a result of

:09:16. > :09:20.successive leaderships, throughout the whole of the period since 1972,

:09:21. > :09:30.giving away more and more of our powers to govern ourselves. The

:09:31. > :09:35.consequences of that, if, as I may say, I predicted in 1990, when I

:09:36. > :09:39.brought about about the subject when the Maastricht Treaty was going on,

:09:40. > :09:44.and I said there will be protests and riots throughout Europe, there

:09:45. > :09:50.will be massive unemployment, there will be recession, waves of

:09:51. > :09:57.immigration, there will be a breach of the rule of law, the rise of the

:09:58. > :10:01.foreign rights. Those are the things that I was concerned about then and

:10:02. > :10:06.I remain concerned about them now. -- the rise of the far right. The

:10:07. > :10:12.direction in which this European Union is being taken is putting the

:10:13. > :10:19.United Kingdom, our voters, our people, in the second tier of the

:10:20. > :10:24.2-tier Europe, which is dominated increasingly through the Eurozone

:10:25. > :10:32.and through the excessive economic nationalism of the German system of

:10:33. > :10:40.economic Government. Look at what is happening in Greece. I would simply

:10:41. > :10:44.say this. Will people please bear in mind that the consequences in

:10:45. > :10:48.relation to the single market are demonstrated by what I said in an

:10:49. > :10:56.earlier intervention. It goes something like this. We run a trade

:10:57. > :11:00.deficit or boss, with the other 27 member states, of ?67.8 billion a

:11:01. > :11:07.year, which has gone up by 10 billion in this last year alone, and

:11:08. > :11:11.I would also add that our trade surplus with the rest of the world

:11:12. > :11:20.has gone up by about 10 billion this year alone, 231 billion. That is the

:11:21. > :11:33.trajectory. European growth is going down. -- it has gone up to 31

:11:34. > :11:36.billion. In Europe as a whole, the youth unemployment is as high as

:11:37. > :11:42.60%. This is a complete disgrace. I would say by contrast, beer in mind

:11:43. > :11:48.that the German trade surplus, with the same 27 member states, is in

:11:49. > :11:54.fact running at 81.8 Lian, and has gone up by as much as 18 billion in

:11:55. > :11:57.the last year alone. -- 80 1.8 billion. That is the trajectory.

:11:58. > :12:03.That is what these third-rate so-called economists are ignoring.

:12:04. > :12:08.They are the ones who got it wrong over and over again. They got it

:12:09. > :12:13.wrong at Maastricht, over the euro, over the ERM. The member from

:12:14. > :12:17.Hallen, listening to his nostalgic nonsense is absolutely absurd,

:12:18. > :12:25.because it is evident that those who got it wrong are trying to mislead

:12:26. > :12:31.people yet again into saying... I will give way to the honourable

:12:32. > :12:35.lady. I am grateful to him for giving way, not least because he

:12:36. > :12:38.might have the opportunity for giving some answers to some very

:12:39. > :12:42.important questions. The honourable member will be aware that when Iain

:12:43. > :12:47.Duncan Smith was asked of the impact on the economy and GDP of a Brexit,

:12:48. > :12:51.his answer was, we don't know. The honourable member will also be a

:12:52. > :12:56.whale that when Diane James, the Ukip MEP, was asked whether these

:12:57. > :13:01.woods be required, the answer was, we do not know. Given that the

:13:02. > :13:04.answer to every question is, we don't know, perhaps the honourable

:13:05. > :13:09.gentleman could answer these questions now. We need short

:13:10. > :13:15.interventions, not speeches. It is longer than the five minutes. I do

:13:16. > :13:18.know, and it is simple, because I look at the fact that they are now.

:13:19. > :13:24.The facts demonstrate that inside the single market we run a

:13:25. > :13:27.monumental trade deficit, and we have enormous trade surplus with the

:13:28. > :13:31.rest of the world which is growing. That is the future, that is the

:13:32. > :13:35.vision, that is the means by which we will get jobs and ensure the

:13:36. > :13:39.future of our children and our grandchildren. And to conclude, Mr

:13:40. > :13:43.Deputy Speaker, it is very simple. It is about who governs us. If we

:13:44. > :13:50.get this wrong, we will not be able to organise and to establish a

:13:51. > :13:55.democracy in this country, which is what the people fought and died for,

:13:56. > :14:00.not in just one world war but twice. I would simply say to the honourable

:14:01. > :14:06.gentleman who wants to intervene, I will give way one must time. I thank

:14:07. > :14:10.my honourable friend, and I appreciate the laws that his own

:14:11. > :14:15.family suffered in the Second World War. My own family suffered two, and

:14:16. > :14:19.I have the privilege to where the Queen's uniform today. When I see

:14:20. > :14:22.the division and the spreading of heated and brilliant antiforeign

:14:23. > :14:27.messages that you're from some people in our country today, I

:14:28. > :14:33.wonder whether there are talking about peace or stirring the pot. --

:14:34. > :14:43.the very limit antiforeign messages that I hear. I do believe in peace,

:14:44. > :14:49.and I believe in good relations. What really troubles me, however, is

:14:50. > :14:54.when the majority voting system and the decisions are taken behind

:14:55. > :14:57.closed doors are so manifestly undemocratic, it is completely

:14:58. > :15:02.impossible to justify, and it becomes a kind of dictatorship

:15:03. > :15:07.behind closed doors. We in this House make our decisions based upon

:15:08. > :15:11.speeches which are made in public, which are reported, the books are

:15:12. > :15:18.there, we are held accountable. This is now the case in the EU. -- this

:15:19. > :15:25.is not the case in the year. If we give that up, I say to all in the

:15:26. > :15:30.those that they will regret it. This is about democracy above all else. I

:15:31. > :15:34.want to bring this debate are talking about the local level, and

:15:35. > :15:38.to addressing some of the concerns that ordinary people are grappling

:15:39. > :15:41.with in making a decision about what to do on the EU. Many people in my

:15:42. > :15:47.constituency over the last two weeks have said to me they feel angry,

:15:48. > :15:53.they feel that their city has suffered most because of the global

:15:54. > :15:59.recession and the downturn after the banking crisis. We have seen a lot

:16:00. > :16:04.of cuts to public services, had the botched NHS reorganisation, people

:16:05. > :16:07.having to wait longer in A People have concerns about immigration. The

:16:08. > :16:10.slogans the Government views about the Northern Powerhouse are not

:16:11. > :16:16.followed through with any action. So what worries me is the idea that is

:16:17. > :16:19.being put about that somehow magically on June 23, if people vote

:16:20. > :16:25.to leave the EU, all of these issues are going to suddenly disappear, and

:16:26. > :16:30.it is a complete panacea to have membership of the EU and us leaving

:16:31. > :16:38.it. There are four very clear, for me, self-interested reasons why

:16:39. > :16:48.whole, my city, a proud trading city, should vote to remain in the

:16:49. > :16:54.EU. -- why Hull. First of all, the investment we have seen recently

:16:55. > :17:09.from Siemens. ?300 million to invest in building a factory in Hall. 1000

:17:10. > :17:13.jobs that will serve. Another 2000 jobs from an offshore wind farm. And

:17:14. > :17:18.Siemens believe that being part of the EU is good for you to jobs and

:17:19. > :17:26.respiratory. We have concerns about the possible effects on a boat to

:17:27. > :17:34.Leave. We see the men benefits of EU memberships as tariff free access to

:17:35. > :17:39.a free market that produces business costs, and access to EU wide

:17:40. > :17:43.innovation and research in restive, which are helping to shape the

:17:44. > :17:47.industries of the future. These help make Britain a better place to do

:17:48. > :17:51.business, not just for Siemens but for companies across our supply

:17:52. > :17:55.chain and beyond. I want to raise the issue of caravans. Caravans are

:17:56. > :18:05.manufactured in East Yorkshire, and in the last year, in the HSBC Sunday

:18:06. > :18:08.Times 200 league for industrial international tracking, they found

:18:09. > :18:14.that exports to Holland and Germany had increased by 21%. That is again

:18:15. > :18:18.because that market is open and available to us. Thirdly,

:18:19. > :18:24.pharmaceuticals. Hull is the home of Smith and nephew and others. The

:18:25. > :18:29.boys have already said if we leave the EU there is a real risk to the

:18:30. > :18:34.UK form suitable industry. We have access at the moment a 5p of

:18:35. > :18:43.research, and that would not be open to us if we left. -- eight 5p of

:18:44. > :18:51.research. We also have access to the medicines initiative that would not

:18:52. > :18:56.be open to us. 1000 staff are employed in academic and research

:18:57. > :19:00.posts at Hull University. They have had EU funding in recent years and

:19:01. > :19:05.are part of the ?209 of EU funded research that is available to

:19:06. > :19:10.British universities. The vice Chancellor at Hull University said

:19:11. > :19:14.there is huge value as being at the EU table. If you are in the club,

:19:15. > :19:18.you get the greatest chance to shape the programmes. If we were not in

:19:19. > :19:22.the club, we would not have that opportunity. So when the end, this

:19:23. > :19:26.referendum, the power is with the people, not with members of

:19:27. > :19:32.Parliament. But the last thing that my constituents in whole need is a

:19:33. > :19:36.home-grown, self-inflicted recession and years of uncertainty and

:19:37. > :19:40.instability. We know the effect of recession will be much harder and

:19:41. > :19:48.stronger in places like Hull than it will be in Surrey Heath or Oxbridge.

:19:49. > :19:51.As the UK struggles to negotiate a trading relationship with the EU,

:19:52. > :19:55.I'm sure we will find that we will still have to contribute to the EU

:19:56. > :19:59.budget, we will still have to accept free movement of labour, an issue I

:20:00. > :20:05.know many people have genuine concerns about. But they have no say

:20:06. > :20:10.and have shaping the EU's future direction on this or other issues.

:20:11. > :20:15.-- but we will have no say. Whatever happens on July 23, I will continue

:20:16. > :20:23.fighting for Hull as I have done until now. But I just asked that

:20:24. > :20:27.people when making this decision, in Hull, if they choose to vote to

:20:28. > :20:28.leave the EU, it will make that task of standing up for the city even

:20:29. > :20:39.harder. I want to make a short contribution

:20:40. > :20:43.about the effect of the EU and economic viability of our fishing

:20:44. > :20:48.industry. I would like to congratulate all of those special

:20:49. > :20:54.and taken part in the Fort a the Thames today to make sure we hear

:20:55. > :20:58.where they stand. Us foretell R. Our fishing industry is a ghost of its

:20:59. > :21:06.former self and before we joined the EU we had a successful fishing

:21:07. > :21:12.industry. I remember in South East Cornwall seeing fishing boats moored

:21:13. > :21:19.34 people from the quayside. I do not see that today. -- three or four

:21:20. > :21:22.deep. While fishing is no longer at the highest employee at people come

:21:23. > :21:28.to traditional fishing pounds and expected feet fish landed. You

:21:29. > :21:33.highlight the often mention is tasting fresh from an award winning

:21:34. > :21:39.restaurant or buying fresh catch from a fishmonger 's. I ask what we

:21:40. > :21:46.would soon as we water fishing? In 1971, before we joined the EU --

:21:47. > :21:52.where would we be without fishing. Bringing home a lot of fish and

:21:53. > :21:58.employing 21,000 people. Last year we got 600,000 tonnes were under

:21:59. > :22:03.12,000 fishermen. According to a report coordinator by the economic

:22:04. > :22:09.'s Foundation that amounted to about 12% would mean 2003 and 2013 in

:22:10. > :22:16.number of fishermen. My late husband Neal was one of them. Forced to fish

:22:17. > :22:19.alone on his boat as a result of the economic pressures due to the

:22:20. > :22:25.reducing quotas and still trying to meet costs of increasing insurance,

:22:26. > :22:32.landing charges, not to mention repair costs. The report attributes

:22:33. > :22:37.the major factors causing employment to be traced to a declining number

:22:38. > :22:41.of fishing vessels due to the forced scrapping imposed by successive

:22:42. > :22:47.governments to meet artificial targets imposed by the European

:22:48. > :22:51.Commission. Vessels investing in new technology, the latter point may be

:22:52. > :22:55.true for larger vessels who operate with several deckhands but is not

:22:56. > :22:59.the case for small fishermen like Neal. It was a simple economic

:23:00. > :23:05.decision taken because he could not sell and land the fresh at slam into

:23:06. > :23:10.his net. Mr Deputy Speaker, the report also says the trend of

:23:11. > :23:17.declining fishing vessels and fishermen is likely to continue

:23:18. > :23:22.going forward. What the report does not mention is the declining quotas

:23:23. > :23:27.the EU set each year. However it is one example with the new date

:23:28. > :23:31.getting 10% of the total allowable catch whilst Franciscus 70%. The

:23:32. > :23:41.same applies to many other species in other areas. -- while France get

:23:42. > :23:45.70%. Would you go into a bank alongside a Frenchman each with a

:23:46. > :23:56.bundle bundle of notes valued at ?70. The Frenchman invests the ?70

:23:57. > :23:59.while you through ?60 into the bin and invest ?10. That is essentially

:24:00. > :24:11.what fishermen are being forced to do today thanks to the quotas.

:24:12. > :24:18.I thank my honourable friend and Robert in this house know very well

:24:19. > :24:23.-- all of us know very well the story about the honourable lady's

:24:24. > :24:30.husband. How much increasing capacity with the fishermen get if

:24:31. > :24:34.we left the EU? -- would the fishermen get?

:24:35. > :24:39.He makes a good point and I will come onto that. I won't get into

:24:40. > :24:44.arguments with those who want to remain an further sacrifice this

:24:45. > :24:49.industry. And also abandon the economic well-being of our coastal

:24:50. > :24:52.fishing pounds which would disproportionately be affected.

:24:53. > :24:57.Whilst I cannot say Neal died as a result of this quota I can say it

:24:58. > :25:01.contributed to the economic pressure he felt when deciding to fish alone.

:25:02. > :25:10.The time we talked about it and decided to better work less rough

:25:11. > :25:16.one water than have to work in storms to provide. What I say today

:25:17. > :25:21.is through the fishermen a lifeline. Our fisheries minister has been at

:25:22. > :25:35.the bottles and seen for himself how little he can deliver. -- been to

:25:36. > :25:38.Brussels. If we vote And leave, in response to my honourable friend,

:25:39. > :25:51.our fisheries minister would be able to make the decisions that apply to

:25:52. > :25:58.fishermen in the UK. If, as someone who has breathed and live the UK

:25:59. > :26:04.fishing industry for around 30 years, I'd say there are no economic

:26:05. > :26:10.benefit to the UK fishermen from membership of the EU. Around 92% of

:26:11. > :26:15.fishermen are calling for the UK to leave. I say, let's throw them a

:26:16. > :26:24.lifeline and vote Leave and take control of our 200 mile limit. 80%

:26:25. > :26:28.of the total EU pond. We could take control of that. We wouldn't

:26:29. > :26:31.necessarily have to say to other member states, you can't fish are

:26:32. > :26:41.not whoppers, but it would on our terms and not -- in our waters. And

:26:42. > :26:47.not 28 countries around the table from a proposal from unelected

:26:48. > :26:57.European Commission in Brussels. Thank you, Mr Deputy Speaker.

:26:58. > :27:01.In 1979I was among the first elected members of the European Parliament.

:27:02. > :27:08.I supported withdrawing from the common market. Those were the days

:27:09. > :27:13.of butter mountains, and out of control agricultural policy

:27:14. > :27:18.subsidising oil production and dumping on world markets. It was

:27:19. > :27:22.some years before the development of the social chapter which got

:27:23. > :27:30.legislation for workers' rights and equality. That was not European

:27:31. > :27:33.environment policy at that time. -- there was no. After working with

:27:34. > :27:38.colleagues in the European Parliament and came to a different

:27:39. > :27:43.conclusion. In 1982 over at an article in the new statesman title,

:27:44. > :27:53.why I changed my mind on the common market. Now, in 2016, I read another

:27:54. > :27:57.article in the New Statesman which is, why are still support remaining

:27:58. > :28:03.in the EU. The argument I made them are still true. Then, as now, our

:28:04. > :28:08.socialist and social Democratic colleagues in the European

:28:09. > :28:14.Parliament urged us to remain, working with them for a better

:28:15. > :28:19.future for jobs, security and workers' rights. One of my concerns

:28:20. > :28:23.then was about European action to save the steel industry and today we

:28:24. > :28:28.are still battling to save it, particularly in Wales. It is

:28:29. > :28:34.important for workers in multinational companies to have

:28:35. > :28:37.information about management plans foreclosures on mergers and European

:28:38. > :28:43.legislation has helped improve these rights to information. None of us

:28:44. > :28:52.would claim the EU is perfect but it is not unique in this. These jobs,

:28:53. > :28:55.workers' and consumers' rights, the environment are safer if we stand

:28:56. > :29:02.together as constructive members of the EU. My party has always been an

:29:03. > :29:06.internationalist party. Those of what Brexit would swiftly make a

:29:07. > :29:13.bonfire of hard-won rights if we left. They considered for weeks'

:29:14. > :29:18.holiday, maternity and paternity leave, equality of health and safety

:29:19. > :29:24.legislation. And much more, to be similar to red tape to be dispensed

:29:25. > :29:29.with. Standing up to globalisation was always a pipe dream which

:29:30. > :29:33.requires nations to cooperate. Likewise, the pressures of

:29:34. > :29:37.immigration will not fade if we go it alone. We live in difficult times

:29:38. > :29:42.were many people are giving discontented. To help combat this,

:29:43. > :29:49.the way forward for Britain is to continue to work with the EU for

:29:50. > :29:52.more reforms. We see reforming and modernising the EU in solidarity

:29:53. > :29:58.with continental socialists and social Democrats as an ongoing

:29:59. > :30:04.process. To those who advocate developing hundreds of individual

:30:05. > :30:11.trade deals, do they really expect we would achieve better than as part

:30:12. > :30:24.of the world's's largest trading bloc? Would be achieved better terms

:30:25. > :30:27.for the TTIP than the EU can? And strong member states to ensure

:30:28. > :30:32.protection from rampant multinationals? I doubt it. We

:30:33. > :30:37.benefit enormously from European cooperation funding for research,

:30:38. > :30:41.regional development, cultural projects and agricultural support as

:30:42. > :30:45.well as peace and free trade. The EU has always been at the forefront of

:30:46. > :30:57.working to protect human rights in the world. In Wales, EU countries

:30:58. > :31:01.are 41% of Wales' exports. 5 billion a year to others. Companies invest

:31:02. > :31:09.here because we are in the EU, giving them direct access to the

:31:10. > :31:14.largest single market. If we believe we will soon see our big firms

:31:15. > :31:26.switching investment to continental Europe. Mr Deputy Speaker, I say we

:31:27. > :31:31.better together. Those celebrating if we left include such unsavoury

:31:32. > :31:35.characters as Vladimir Putin, Donald Trump, Nigel Farage and a bunch of

:31:36. > :31:40.climate change deniers with no intention of working towards a

:31:41. > :31:42.better future for the most vulnerable in our society.

:31:43. > :31:50.Prosperity and collective security. If we want at society that works for

:31:51. > :31:58.all, not just a few, we are better off within the EU.

:31:59. > :32:02.The fact of the matter is that a referendum would not be a useful

:32:03. > :32:06.exercise if we were not a sovereign nation because we couldn't implement

:32:07. > :32:11.the outcome. That proves we are sovereign. The question is what do

:32:12. > :32:15.we do with our sovereignty and to influence our neighbours? What do we

:32:16. > :32:19.do to advance our national interests? Because we are a vibrant,

:32:20. > :32:23.ambitious and decent society we must do that within the EU and I will

:32:24. > :32:28.explain why. It is because it is about the future, it is not some

:32:29. > :32:33.blast to the past, it is this country thinking about what we do

:32:34. > :32:38.for our people beyond today. Take trade. We heard a lot about trade

:32:39. > :32:44.today. The fact is we export twice as much to the Neverland as we do to

:32:45. > :32:54.China. That is a fact. -- the Neverland 's. What does the EU --

:32:55. > :33:01.the Neverland 's. -- Holland. The EU is the world's largest market. It is

:33:02. > :33:06.nearly twice the size of China. Yet we were thinking of leaving. That

:33:07. > :33:13.would be madness. The people we trade with most of the people most

:33:14. > :33:17.like us and most going to benefit from us as well. That is the trade

:33:18. > :33:22.argument. Then we come to investment. In my constituency and

:33:23. > :33:30.over in most of yours there are examples of powerful intervention

:33:31. > :33:38.from the EU through investors. That matters and 48% of our foreign

:33:39. > :33:45.direct investment comes from the EU. That equals jobs. It equals rising

:33:46. > :33:51.wages. It equals opportunity for our young people. That takes me on to

:33:52. > :33:55.the question of our universities. Opportunities for young people

:33:56. > :33:58.through developing careers at the universities and opportunities for

:33:59. > :34:03.young people who don't want to go to university. The fact is, the

:34:04. > :34:08.opportunity they can have through moving around Europe is immense and

:34:09. > :34:13.vibrant for them and great for our economy. Do you want your young

:34:14. > :34:19.people to be stuck here when others are arriving somewhere else? Dictate

:34:20. > :34:25.what about migration. It is a two-way street. You -- take the

:34:26. > :34:32.point. There are just as many people coming here to help us with our

:34:33. > :34:35.skills as people coming from here to there to make money for this

:34:36. > :34:39.economy. There are nearly 2 million Britons living and working in the EU

:34:40. > :34:44.and benefiting from the opportunities we gain from being in

:34:45. > :34:49.a single market. Does he agree with me the majority

:34:50. > :34:55.of EU citizens come to this country come to work hard, pay their taxes

:34:56. > :34:56.and better the lives and families' lives and the majority are not here

:34:57. > :35:03.to scrounge. Absolutely. Some of the factories

:35:04. > :35:05.and my constituency could not do as much as they do it without the kind

:35:06. > :35:19.of skills they get from the EU. My honourable friend is absolutely

:35:20. > :35:24.right, yes. Does the honourable member agree with me that in some

:35:25. > :35:30.quarters, this referendum has been allowed to descend into a pseudo-

:35:31. > :35:35.referendum about immigration, and for the Remain side to win, we need

:35:36. > :35:40.to show leadership over the next week, bring forward the positive

:35:41. > :35:43.case for remaining in Europe, and shoot the right-wing Brexit fox that

:35:44. > :35:48.is the scaremongering about immigration. You are absolutely

:35:49. > :35:53.right. I was going to want to ship, but I will tackle it now. The fact

:35:54. > :35:58.is, the EU has benefited from Britain's membership many times in

:35:59. > :36:02.the past. It was the British Government that drove through the

:36:03. > :36:05.single market, and that major country like Poland could come in

:36:06. > :36:10.with all those opportunities. Don't forget that when I was born, that

:36:11. > :36:13.country was actually within the Soviet Union Empire, place were

:36:14. > :36:17.liberal democracy was nonexistent and where growth and economic

:36:18. > :36:21.opportunity could not take place. And yet we have managed to get that

:36:22. > :36:27.country into a position where it is totally democratic and absolutely

:36:28. > :36:30.robust in terms of economy. And that drives are caught and horses through

:36:31. > :36:37.anybody who thinks that being in the EU is somehow a gesture of being

:36:38. > :36:41.undemocratic or inviting democracy to be challenged, because the

:36:42. > :36:46.reality is, when Britain shows leadership, and we have in the past,

:36:47. > :36:51.it has been good for Europe. But of course, obviously, good for us. So

:36:52. > :36:54.when we win this referendum campaign, and I certainly hope we

:36:55. > :36:58.do, we need to be thinking precisely about that positive case,

:36:59. > :37:01.demonstrating it is not just a question of sniping from the

:37:02. > :37:05.sidelines by getting involved, setting the agenda, working with our

:37:06. > :37:09.allies and insuring that the people we represent actually can continue

:37:10. > :37:18.to benefit from the good things that the European Union has brought. The

:37:19. > :37:22.fact, of course, is all organisations need to be reformed.

:37:23. > :37:27.The other day I was told to move my car. For some reason I still have

:37:28. > :37:33.not quite understood. But this House needs to reform. All organisations

:37:34. > :37:38.need to reform and the EU is no exception. But you know what? The

:37:39. > :37:43.key thing is this. We are the ones to drive those reforms. We are the

:37:44. > :37:46.ones that should be actually constructing the alliances to push

:37:47. > :37:49.through the kind of Europe that we want, which is competitive,

:37:50. > :37:54.recognises freedom, which is actually at the heart of reporting

:37:55. > :37:59.liberal democracy, not just within the European Union but beyond,

:38:00. > :38:03.because it is a question of international impact that also has

:38:04. > :38:07.to be borne in mind here. Europe is the world's largest single market,

:38:08. > :38:15.but it is also a place of huge influence in the world as well. We

:38:16. > :38:19.in Britain want to be part of that, to shape that influence, develop

:38:20. > :38:23.that influence, and that is why every single US president has told

:38:24. > :38:28.us in one way or another, we should be a member of the European Union.

:38:29. > :38:33.That is why every single commonwealth leader has told us that

:38:34. > :38:37.we should be in the European Union. And that is why the only two that I

:38:38. > :38:42.can think of that are casting some doubt on this matter are the readers

:38:43. > :38:47.of North Korea and the Russian Federation. If that is the support

:38:48. > :38:52.group of the Leave campaign, I'm saying. -- the leaders of North

:38:53. > :38:55.Korea and the Russian Federation. It is essential we talk about that

:38:56. > :39:02.positive case and do so from opposition, not of apology or of

:39:03. > :39:07.some kind of tepid hope, but from ambition for our country and our

:39:08. > :39:12.young people, so that they know what we actually really think, I believe,

:39:13. > :39:19.that I purchase a bidding internationally with a clear agenda

:39:20. > :39:23.and with determination -- I purchase a bidding internationally, a

:39:24. > :39:30.determination to turn away from narrow-mindedness and concern about

:39:31. > :39:33.that or groups of people, instead think big, think about this country,

:39:34. > :39:39.because we have the capacity to really have an exciting future with

:39:40. > :39:45.that drive behind us. I would like to begin by echoing the comments

:39:46. > :39:50.about the Shadow Chancellor today in opening this debate, particularly in

:39:51. > :39:54.regards to the rates of people in this country have as a result of our

:39:55. > :40:00.membership of the year. I am delighted to hear a strong, positive

:40:01. > :40:04.case for the bird people to remain for strong labour reasons, and not

:40:05. > :40:09.just for Labour reasons but in the interests of everybody in this

:40:10. > :40:13.country. I want to speak directly to my constituents today, about what

:40:14. > :40:18.they care about and what I care about. And about what they have sent

:40:19. > :40:21.your to do now for the last three general elections. First I want to

:40:22. > :40:25.acknowledge the confusion, anxiety and even anger that my constituents

:40:26. > :40:29.will feel with regard to the European Union. I understand that

:40:30. > :40:34.anger. I understand that frustration, and for over 25 years

:40:35. > :40:38.now, like the rest of the country, my constituents have listened to

:40:39. > :40:43.incredible, outrageous lies about the European Union and our place

:40:44. > :40:46.within it, from the straight bananas to any number of inventive

:40:47. > :40:53.stupidities. And people like me who believe in the benefits to our

:40:54. > :40:57.country of the EU are largely to blame for this. We have never taken

:40:58. > :41:00.it on or hold it out. We have rolled our eyes and shoulder shoulders and

:41:01. > :41:06.been shy about taking on the lies, and now we are seemingly paying the

:41:07. > :41:10.price. But it will be constituencies like mine that will overwhelmingly

:41:11. > :41:15.suffer the most if we bought to leave the European Union. There are

:41:16. > :41:22.significant areas of concern to the area as a whole if we bought to

:41:23. > :41:26.leave. This is whether of our tribal call NHS, our economic future,

:41:27. > :41:31.particularly the nuclear industry, our security, and our environment.

:41:32. > :41:37.-- this is with regard to our local NHS. The honourable member speaks

:41:38. > :41:43.characteristically eloquently about the north-west of our country. Can I

:41:44. > :41:48.ask him to explain further why we must be attention to those areas of

:41:49. > :41:51.our country that are geographically the furthest away from metropolitan

:41:52. > :42:03.centres? We absolutely do have to pay I think special attention and a

:42:04. > :42:13.ever were globalised world to do is those peripheral areas that have

:42:14. > :42:16.been increasingly marginalised for too long now. I have to say as well

:42:17. > :42:19.as whatever happens with regard to this referendum, this country is

:42:20. > :42:28.changed fundamentally, permanently, as a result of it. The conversation

:42:29. > :42:31.we need to have the 90s, the north-west, the south-west and other

:42:32. > :42:39.peripheral economies in the UK, but particularly England, now has to be

:42:40. > :42:42.a pivotal part of the national conversation going forward. With

:42:43. > :42:47.regard to the NHS, alongside my constituents I have campaigned for

:42:48. > :42:53.years to protect local health services. We have built a new

:42:54. > :43:02.hospital in Whitehaven, new health centre, we have developed and

:43:03. > :43:07.expanded health services, get enormous challenges remain. The

:43:08. > :43:14.policies of the Conservative Government deprives our community of

:43:15. > :43:17.the necessary improvement and recruitment. It is clear that the

:43:18. > :43:20.economic damage that will be done to our country by reading the EU will

:43:21. > :43:25.be felt right across the NHS in Cumbria. Make no mistake, and

:43:26. > :43:27.already intolerable situation would become worse, and the Conservative

:43:28. > :43:32.Government would have every excuse it could want to cut, slash and burn

:43:33. > :43:35.local health services in a way in which we have never seen. With

:43:36. > :43:40.regard to our economic future, I have spent over ten years on the

:43:41. > :43:45.project to build a new nuclear power stations in my community, from

:43:46. > :43:50.writing new nuclear policy with the policy unit in 2005, to insuring my

:43:51. > :43:57.community was chosen as a nuclear development site. This project

:43:58. > :44:07.represents the single largest private sector investment bank unity

:44:08. > :44:13.has ever seen. Thousands of jobs. -- that my community has ever seen. The

:44:14. > :44:27.US is pleading with us to stay in the EU, as are Japan and France.

:44:28. > :44:32.This is a consortium of American, Japanese and French companies, so I

:44:33. > :44:39.urge my constituents to do the maths. There are potentially

:44:40. > :44:43.profound implications for the Hinkley Point the project as well. I

:44:44. > :44:49.say to my constituents, stick with our client, stay on course with our

:44:50. > :44:54.project, and do not squander a decade of work and risk our future.

:44:55. > :45:00.Brexit would undoubtedly make us less safe and secure. With the EU

:45:01. > :45:04.drinking, contracting as a result of us leaving, we will cause profound

:45:05. > :45:12.damage to Nato. -- with the EU shrinking. What message will descend

:45:13. > :45:20.to Russia? This is not project fear but project fact. We were told by

:45:21. > :45:24.the former US ambassador to Nato that Brexit represents the greatest

:45:25. > :45:29.threat to security of the United States, the European Union and the

:45:30. > :45:33.Nato area. On the environment, my constituency takes uncommon pride in

:45:34. > :45:40.its natural environment. We have some of the best beaches in the

:45:41. > :45:45.country and the EU has helped to deliver massive improvements to our

:45:46. > :45:48.natural habitats, all of which are visited by thousands of tourists

:45:49. > :45:55.from the EU contributing to our economy every year. Finally, my

:45:56. > :45:59.constituency is special, my constituents are special, we are

:46:00. > :46:05.treating some especial, and a vote for Brexit would threaten at all. --

:46:06. > :46:12.we are creating something special. A few minutes ago, the member for

:46:13. > :46:16.Strood made a passionate and magnificent speech in support of our

:46:17. > :46:20.membership of the year. He and I have been on the same side in this

:46:21. > :46:24.matter for many years, and I endorse every word that he said. But like

:46:25. > :46:28.the honourable member for Copeland, perhaps I can start by referring to

:46:29. > :46:35.matters which particularly affect my constituents. Bromley and

:46:36. > :46:42.Chislehurst and Greater London has as its greatest employment sector

:46:43. > :46:48.the business and financial sector. 32.4% of my constituents and their

:46:49. > :46:53.families work in the financial services sector. It is critical to

:46:54. > :46:56.the economy locally. That is leaving aside all the jobs in the supply

:46:57. > :47:02.chain that flying on from the income that that provides. It is critical

:47:03. > :47:07.to the London economy, which is a benefit to the whole of the United

:47:08. > :47:11.Kingdom. Leaving the European Union would damage, without any question,

:47:12. > :47:15.the interests of the financial services industry of which written

:47:16. > :47:19.is a world leader. It is an area in which I have taken some interest

:47:20. > :47:24.myself as secretary of the Parliamentary party grip on

:47:25. > :47:27.financial markets. We have a winner here, and we have an opportunity not

:47:28. > :47:33.just to make that survived, but to make it better and stronger in a

:47:34. > :47:37.reformed European Union. That is why when I intervened on the Foreign

:47:38. > :47:41.Secretary, I wanted to stress the importance of the renegotiation

:47:42. > :47:46.achievement by the Prime Minister in achieving to keep things. First of

:47:47. > :47:50.all, the commitment that British financial firms based in the UK, and

:47:51. > :47:55.therefore outside the euro zone, of which we will never be members and

:47:56. > :47:59.where we will never be subject to the internal governance rules or the

:48:00. > :48:03.bailouts, nonetheless will have the very significant advantage of being

:48:04. > :48:08.able to trade freely within the Eurozone and the rest of the single

:48:09. > :48:15.market. That pits us in a unique position, which no other free trade

:48:16. > :48:20.agreement replicates. If we add to that the commitment in that

:48:21. > :48:23.renegotiation for completion of the capital markets union, that gives us

:48:24. > :48:28.a double opportunity to push forward in the area at which we excel. It

:48:29. > :48:33.would be lunacy to walk away from that opportunity. Of course the

:48:34. > :48:41.prime ministers right to say that we could survive outside the European

:48:42. > :48:43.Union. London and financial services industry would survive, my

:48:44. > :48:48.constituents, which are right, but there is a real risk they would be

:48:49. > :48:51.impoverished, and I see nothing patriotic about running the risk of

:48:52. > :48:55.impoverishing my constituents or the people of this country. The

:48:56. > :48:57.honourable gentleman is making a powerful speech and makes an

:48:58. > :49:02.important part of a party at his. Does he agree with me that key to

:49:03. > :49:06.Britain's national security at a time when we are still borrowing as

:49:07. > :49:11.a nation more than the entire defence budget, we need every single

:49:12. > :49:16.penny of public money to ensure that our economy is strong, our finance

:49:17. > :49:20.is strong and our country strong? My honourable friend is absolutely

:49:21. > :49:23.right. The economic interest is a national strategic interests of the

:49:24. > :49:27.United Kingdom. It is a damaging thing to this country for anyone to

:49:28. > :49:37.put that at risk. There is nothing patriotically mad. That Mac

:49:38. > :49:41.patriotically in that. So far I can agree, but some of us remember the

:49:42. > :49:45.referendum in 1975, and if you look at the options that have been put

:49:46. > :50:01.off by those who want to opt out, the reality is those options...

:50:02. > :50:09.I would not like to speculate the of those who, sometimes from genuine

:50:10. > :50:14.belief and sometimes from cynicism, want us to leave the EU. The issue

:50:15. > :50:21.was debated then, we can both remember it. Of course the EU needs

:50:22. > :50:27.reform but any business person will tell you you don't walk away from a

:50:28. > :50:32.major markets you are in because it is not perfect. You stay in there,

:50:33. > :50:38.negotiate, trade and make the market work better. That is a basic common

:50:39. > :50:44.sense and why some people who ought to know better can understand that

:50:45. > :50:47.amazes and mystifies me. I have been a generous giving way and

:50:48. > :50:55.unconscious other people want to speak. And am conscious. That

:50:56. > :51:01.position of the double success for the City of London, it would be a

:51:02. > :51:05.tragedy for this country to turn away from that. The financial

:51:06. > :51:14.service industry, as well as being a key UK asset, is not just about

:51:15. > :51:21.people in the City of London, not just people working in banks and

:51:22. > :51:25.insurance. A successful financial services sector affects every family

:51:26. > :51:30.in this country, every pension fund, the pensions of millions of people,

:51:31. > :51:37.whatever their income situation or previous position in life. To put

:51:38. > :51:42.that at risk is not to damage just that but the whole population. It

:51:43. > :51:47.damages revenue stream that underpins our public services. In my

:51:48. > :51:53.book, I am sorry to have to say to this to some of my friends, it would

:51:54. > :52:07.be profoundly patriotic to leave the EU. -- profoundly patriotic. -- on

:52:08. > :52:14.patriotic. -- not patriotic. Has he considered how leaving the EU might

:52:15. > :52:17.affect manufacturing such as a business and my constituency who

:52:18. > :52:22.wrote to the employees to implore them to vote remain.

:52:23. > :52:27.I am sure my honourable friend is right. I have manufacturers and my

:52:28. > :52:32.constituency and every sector of the British economy would be damaged by

:52:33. > :52:37.Brexit. Uncertainly damages business. Economic uncertainty as

:52:38. > :52:41.well as legal uncertainty. That makes me all the more amazed to see

:52:42. > :52:45.some people who ought to know better than suggest we could somehow

:52:46. > :52:51.introduced some emergency legislation to circumvent the rules

:52:52. > :52:58.laid down in Article 50 of the treaty, if we were to leave. That

:52:59. > :53:02.would be a breach of law and involved the UK being suspended from

:53:03. > :53:07.the European union to lose the protection it gets to our businesses

:53:08. > :53:13.and turning 200 years of British constitutional practice, whereby

:53:14. > :53:20.this country has never unilaterally abrogated its treaty we have entered

:53:21. > :53:25.into. That abuse scandal and I for one would never vote for it. I want

:53:26. > :53:32.to make sure we never get into it. -- that would be a scandal. We must

:53:33. > :53:36.make the positive case for why this country is better, economic,

:53:37. > :53:41.socially and I would suggest, morally or stop we are a broader

:53:42. > :53:47.minded, rather looking, happier and more diverse nation because we are

:53:48. > :53:52.in the EU and I don't want the likes of the vile creature that is you get

:53:53. > :53:59.to drag this country backwards. -- Ukip.

:54:00. > :54:05.I rise to support this motion because, first of all, leaving the

:54:06. > :54:12.EU defies all logic of our emerging global economy. If you look around

:54:13. > :54:17.the world, the emerging global economic superpowers are China,

:54:18. > :54:22.which may well overtake the USA in the next 20 years as the major

:54:23. > :54:28.economic power in the world. India, Brazil coming up as well. As the

:54:29. > :54:33.former chair of the select committee I visited both Brazil and China to

:54:34. > :54:39.see how our businesses were faring in those countries. Some of them

:54:40. > :54:50.were doing very well. JCB has opened a joint venture company in Brazil.

:54:51. > :54:55.GKN copy joint venture in China. The reason for this is because it had of

:54:56. > :54:58.barriers were too high for them to export from their British

:54:59. > :55:06.manufacture base into those markets. We must be quite real, if we are to

:55:07. > :55:12.come out the EU and expand our exports to these countries, we are

:55:13. > :55:16.expanding into countries which, quite justifiably and

:55:17. > :55:20.understandably, are ruthlessly self interested in what they need to do

:55:21. > :55:28.to develop the standard of living in their own country. The idea that

:55:29. > :55:33.somehow, by leaving the EU, we can make up for any potential deficit

:55:34. > :55:38.and our exports to the EU by expending our trade into these

:55:39. > :55:43.developing countries is, quite frankly, fantasy land. The fact is

:55:44. > :55:50.there is nothing we could do afterwards that we are doing now and

:55:51. > :55:56.there is no possible compensatory boost in exports to those countries

:55:57. > :56:00.that would come from leaving the EU. Can I now turn to my own

:56:01. > :56:06.constituency in the West Midlands area. It is a supreme example of the

:56:07. > :56:11.benefits we have had from globalisation and the international

:56:12. > :56:15.movement of capital. If you go back ten or 15 years, the car industry

:56:16. > :56:21.which for many years was the mainstay of local manufacturing, was

:56:22. > :56:29.in a terrible state. Since then, investments, and this mirrors other

:56:30. > :56:36.parts of the country, but my iPod giveaway.

:56:37. > :56:45.He mentioned the motor car industry. If you go back 25 years ago

:56:46. > :56:51.commentary had household names and it is vitally important we remain in

:56:52. > :56:53.Europe so we can develop further the recovery in manufacturing.

:56:54. > :57:05.My honourable friend shares the experience I have on the other side

:57:06. > :57:09.of the West Midlands. The fact is, it was investment, particularly by

:57:10. > :57:15.Tata steel, and Jaguar Land Rover which transformed the manufacturing

:57:16. > :57:23.economy in my constituency and surrounding constituencies. We have

:57:24. > :57:29.the new I54 development, a supreme example of what new manufacturing

:57:30. > :57:34.can, new investment can do in modern motor manufacturing. As a result,

:57:35. > :57:42.the local supply chain has been rejuvenated. However, we have

:57:43. > :57:49.problems. My constituency as more companies than any other single

:57:50. > :57:57.constituency in the country and they comprise a vital part of the supply

:57:58. > :58:04.chain. -- more profound unease. That underpins -- foundries. We have

:58:05. > :58:10.skills shortages. An ageing workforce and those shortages and

:58:11. > :58:15.workforce have been helped by the recruitment of skilled workers from

:58:16. > :58:20.Eastern Europe through the EU. We must be clear, and they say to me,

:58:21. > :58:25.what about them their ability to meet the demands placed on them by

:58:26. > :58:30.this cutting edge technology that we are producing to expand our

:58:31. > :58:36.manufacturing exports would be hampered and jeopardised.

:58:37. > :58:41.I will certainly give way. Is he aware that the vote Leave policy is

:58:42. > :58:47.once we leave we will cease all unskilled migration into this

:58:48. > :58:49.country? Does he think that is even remotely credible?

:58:50. > :58:55.Law. We don't have time to address all the issues that there is lack of

:58:56. > :59:03.immigration policy would outline. -- law. If I can focus on the relevance

:59:04. > :59:07.to my particular constituency. Without those workers our ability to

:59:08. > :59:12.sustain what is a cutting edge manufacturing capacity in this

:59:13. > :59:17.country would be lost. Now, I would be the first to agree we should be

:59:18. > :59:22.pioneering better skills, apprenticeships and so on and I am

:59:23. > :59:27.glad the industry is looking at that but it does not have, at this

:59:28. > :59:32.moment, the capacity to recruit those workers. If the Leave campaign

:59:33. > :59:40.were to carry out the promises they have made on migration then there is

:59:41. > :59:42.a very real prospect that those companies would be starved of the

:59:43. > :59:51.skills they need is and it could well leads to unemployment of the

:59:52. > :59:54.long-standing indigenous population in those industries. Since I have

:59:55. > :00:06.got a few moments I will address some of the wider issues. I find

:00:07. > :00:12.this idea, and Andrew Neil got it out of Nigel Farage eventually, that

:00:13. > :00:20.they would reduce net migration to 50,000. Then they deploy a very

:00:21. > :00:23.seductive arguments that if they stopped migration from Europe they

:00:24. > :00:34.could have more from the non-EU countries which I think is a bitch

:00:35. > :00:43.to our ethnic minority -- eight pitch. -- a pitch. The fact is the

:00:44. > :00:50.being quoted by the league campaign and Nigel in particular would mean

:00:51. > :00:53.there is no way we could recruit the levels of staff needed, both

:00:54. > :00:59.manufacturing industry and the service industry, particularly care

:01:00. > :01:07.industry, highlighted by other members of this today. They are

:01:08. > :01:15.raising a particular issue to try and inflame local and public opinion

:01:16. > :01:20.but only peddling a bogus solution. We have one week to expose them and

:01:21. > :01:29.demonstrates their interests are within the EU and sustaining our

:01:30. > :01:34.current and manufacturing base. It is a pleasure to see you and your

:01:35. > :01:38.place, Madam Deputy Speaker. Over the next few days we will be making

:01:39. > :01:43.the final arguments to decide not only the future of our country but

:01:44. > :01:47.also our continent. We will ask ourselves who we are and who we wish

:01:48. > :01:52.to become. Whatever the answer the people of this country give, it will

:01:53. > :01:56.be for us in this house to apply that decision to the best interests

:01:57. > :02:00.of the nation. Like many on these benches and have made my own views

:02:01. > :02:04.known. I have spoken out from what I believe and what I believe is in the

:02:05. > :02:09.best interests of my community and for our whole nation. I have fought

:02:10. > :02:13.for this country and, despite some of the comment I have heard, I will

:02:14. > :02:20.not be silenced when speaking in its interest. I recognise today that, no

:02:21. > :02:24.matter what we see in this place, it is no longer parliament that the

:02:25. > :02:30.sovereign. It is the people, as it should be. Whatever is decided on

:02:31. > :02:35.the ballot next week that decision will be final. 50% plus one vote

:02:36. > :02:39.will carry the day. To argue otherwise would be to threaten the

:02:40. > :02:43.fabric of our political settlement and undermine the legitimacy of this

:02:44. > :02:47.house. In the days after the referendum I urge all members to

:02:48. > :02:51.remember that and not question the integrity or intelligence of the

:02:52. > :02:59.British people and having expressed their opinion. What may fall is less

:03:00. > :03:04.certain. It will be our job. -- what may follow. We will receive orders,

:03:05. > :03:11.certainly right to carry on, as we used used to say. We should now be

:03:12. > :03:18.thinking about what the vote in front out would mean for this

:03:19. > :03:24.country. I will give way. The EU bureaucracy and regulations

:03:25. > :03:30.has reduced fishing boat in my constituency by 130 bound to 70. Six

:03:31. > :03:35.major processing factories have closed, jobs lost, young people

:03:36. > :03:40.drifting away from the sea. The EU has devastated the fishing sector in

:03:41. > :03:45.my constituency. Does the honourable gentleman agree that if we want to

:03:46. > :03:52.ensure the re-emergence of the fishing sector in the Hall of the UK

:03:53. > :03:56.and northern Ireland we must lead the EU -- Hall of the EU.

:03:57. > :04:06.The honourable member speaks well for its own constituency but the

:04:07. > :04:11.other member who sell most of their catch of muscles to the EU would

:04:12. > :04:14.want to stay end. It is worth listening to the debates of the

:04:15. > :04:21.whole house and the whole UK rather than one group.

:04:22. > :04:25.What we need to do is get ready. The change in the stock market in the

:04:26. > :04:29.past two days show not only the fishing industry is affected by

:04:30. > :04:33.Europe, in some good ways and some bad, but the investment in our

:04:34. > :04:39.entire island is affected and today people are looking at us and

:04:40. > :04:42.wondering what the future will hold. They are understandably concerned

:04:43. > :04:46.that the factors that led to them to putting money into our businesses

:04:47. > :04:51.may not last. The interconnected market, skills base, normal trading

:04:52. > :04:56.agreements are not as permanent as the once thought nor as permanent as

:04:57. > :05:02.the foot a few days ago. The implications and consequences for us

:05:03. > :05:06.are very severe. Some have begun to doubt, what they are wrong, they are

:05:07. > :05:10.wrong to doubt because Britain is a powerful economy and growing

:05:11. > :05:17.economy, despite the undoubted high duties that would follow a Brexit.

:05:18. > :05:23.We will recover, ended the markets, we will once again become a safe

:05:24. > :05:28.haven. But only in comparison to our neighbours. The implication of this

:05:29. > :05:33.integration for the EU itself is extremely concerning. Let us be

:05:34. > :05:37.under no illusion as to why the option to leave is bad for Britain.

:05:38. > :05:42.It is not, sadly, some claim, because Britain is too small, nor is

:05:43. > :05:47.it because we cannot survive any mobilise world, it is clear we are

:05:48. > :05:48.best connected and better integrated with the global economy than other

:05:49. > :05:58.nations. It is because we are the economic

:05:59. > :06:01.leaders of a continent of 500 million people which are crying out

:06:02. > :06:05.for that leadership and the reforms we can offer. It is worth

:06:06. > :06:10.remembering your in this House that this House has shaped the leadership

:06:11. > :06:16.in Europe. We have already from here achieved two very significant

:06:17. > :06:18.reforms. The first under the then Prime Minister Margaret Thatcher

:06:19. > :06:22.steered the competing economies of Europe into a single market. She

:06:23. > :06:30.achieved this against the pressure of many other member states, and

:06:31. > :06:34.extended what Britain needed and needs no - economic relation ships

:06:35. > :06:42.that endure across the continent. The result was a huge boost to the

:06:43. > :06:52.economy, and I welcome my friends for the work he did in that. Another

:06:53. > :06:57.took that and source have the lowest debt in a century because of what

:06:58. > :07:00.the Government achieved. We have extended the boundaries of European

:07:01. > :07:04.cooperation to the borders of Russia. This may seem obvious now,

:07:05. > :07:10.but when I was growing up during the Cold War, the challenge of uniting a

:07:11. > :07:12.continent seemed extraordinary. Germany, no so obviously one nation

:07:13. > :07:21.at peace with her neighbours, was not always so. -- now so obviously.

:07:22. > :07:27.And the unity was opposed by many. I served alongside Estonia's trips in

:07:28. > :07:32.Afghanistan. Lithuania and Latvia further showed what including can

:07:33. > :07:36.achieve in the service of peace. My honourable friend is a busy man. I

:07:37. > :07:40.do not know if he has seen General Smith's comments about the

:07:41. > :07:44.importance and need for co-operation and partnership in today's media. It

:07:45. > :07:48.is a compelling case and underlines the point of my honourable friend is

:07:49. > :07:51.making. I am grateful for my honourable friend who refers to

:07:52. > :07:57.general Smith, one of the great strategists of our generation. His

:07:58. > :08:00.book The Utility Of Force is worth reading. Britain was essential to

:08:01. > :08:04.these, but it was not just for ourselves that we did it, nor just

:08:05. > :08:12.for others. Sure well is good for us all. We prosper when are partners

:08:13. > :08:16.prosper, and we achieved peace when our friends are at peace. So stay or

:08:17. > :08:22.go, we must have a plan, and our allies around the world have

:08:23. > :08:27.invested forgers through our markets and billions in industry and decades

:08:28. > :08:30.in our friendship. They need to know that our promises Kent and that they

:08:31. > :08:35.mean something. They need to know that our agreements will endure. --

:08:36. > :08:39.that our promises can't. They need to know that if we brought out on

:08:40. > :08:44.this, we are not turning our back on the world, because it will look to

:08:45. > :08:51.them as though we are. So either way, I urge Her Majesty's Government

:08:52. > :08:55.to commit to invested heavily in the Foreign Office over the next years,

:08:56. > :08:58.because the trouble we have caused our friends and allies in this

:08:59. > :09:01.debate, the doubt that we have sold across the world, is so severe that

:09:02. > :09:07.our markets are struggling and we need messengers of hope and pray is

:09:08. > :09:12.to go to these capitals and reassure our friends. Too often we have

:09:13. > :09:19.ignored our allies and laughed at her friends. We must move on,

:09:20. > :09:25.because I have heard so many people talk about patriotism that today, I

:09:26. > :09:29.say, I am a patriot, but this is my land here and it extends beyond the

:09:30. > :09:35.Sea and beyond the cliffs. This is our continent and we must lead it.

:09:36. > :09:38.Deputy Speaker. I think history proves what happens when this

:09:39. > :09:44.country turns its back and stop thinking age in with Europe, and I

:09:45. > :09:50.think that is why most of the world and many of the experts are asking

:09:51. > :09:53.us to remain where we are. -- stops engaging with Europe. Those who say

:09:54. > :09:57.we have to look to the world as well as the EU are correct, and I agree

:09:58. > :10:01.with them. But as part of the biggest and richest single market in

:10:02. > :10:06.the world, if the rest of the world is telling you it is in your best

:10:07. > :10:13.interest to stay in the European Union, then we should listen to

:10:14. > :10:15.them. The USA, China, India, Canada, New Zealand, Japan, all of the

:10:16. > :10:19.Commonwealth have said we should remain where we are. There is not

:10:20. > :10:24.one country which has come out and asked us to leave the EU. Perhaps

:10:25. > :10:29.only Russia and North Korea are the two countries that want us to do

:10:30. > :10:34.that. And then the World Economic Forum 's such as the IMF, the World

:10:35. > :10:42.Trade Organisation, all say the same. Then unite, and other unions

:10:43. > :10:48.say, remain where you are. Nato says, remain where you are. 90% of

:10:49. > :10:52.scientists the remainder. Universities say remain. The Royal

:10:53. > :10:56.College of midwives say the same. Even the Royal Society for the

:10:57. > :11:03.Protection of Birds says stay where you are. If the coalition that says

:11:04. > :11:06.remain stretches from the world superpower to the local

:11:07. > :11:09.bird-watcher, I think we should listen to what they have to say. I

:11:10. > :11:15.want to see 12 things about the north-east of England and the kind

:11:16. > :11:18.of con that I think is being perpetrated on people, not just in

:11:19. > :11:22.the north-east but on this country by the Leave campaign. The

:11:23. > :11:27.north-east is the largest beneficiary of EU grants and

:11:28. > :11:32.subsidies, helping to train our young bebop for work, fund small as

:11:33. > :11:37.this is, universities and agriculture, and helping our economy

:11:38. > :11:39.grow. The Chancellor of the Exchequer said on Monday that

:11:40. > :11:45.leaving the EU would put the Northern Powerhouse and risk. And we

:11:46. > :11:52.now run 2020, the North this is due to receive something like ?800

:11:53. > :11:57.million from the European Union. -- between now and 2020, the north-east

:11:58. > :12:00.is due to receive. The north-east of England has also benefited

:12:01. > :12:04.dramatically from an word investment. The more successful

:12:05. > :12:16.example, I pay credit to him for his role, as well-paid job in County

:12:17. > :12:20.Durham. Hitachi has come to the north-east of Ingram for two

:12:21. > :12:24.reasons. One is the excellent workforce, and the other is because

:12:25. > :12:29.it is the gateway to Europe and they know that. The business model for

:12:30. > :12:35.that investment, aged ?2 million in my constituency, was predicated on

:12:36. > :12:40.the fact that we are part of the EU. Now what the right campaigners

:12:41. > :12:46.saying, that we shouldn't worry about the money from the EU because

:12:47. > :12:55.they will find the money themselves. -- what the Leave campaign is

:12:56. > :12:57.saying. My constituency, like his, benefit tremendously from European

:12:58. > :13:01.social fund money. Does he agree with me that it's a play is not

:13:02. > :13:05.credible for the Leave campaign to simply say one day that they will

:13:06. > :13:10.replace that money without any sense of where they will get it from. He

:13:11. > :13:14.makes a very good point. I will expand on that further into my

:13:15. > :13:20.speech. The Leave campaign have said, do not worry about it, we can

:13:21. > :13:24.pick up the tab after June 23 of remote to comment. I would say to

:13:25. > :13:28.the people in the north-east, do not listen to them. They cannot do it.

:13:29. > :13:32.It is the biggest con ever. First of all, they are not the Government.

:13:33. > :13:35.They have committed to spending the money we contribute to the EU many

:13:36. > :13:39.times over already. And people who are making these comments are

:13:40. > :13:43.Conservative politicians who for years said there was no money

:13:44. > :13:48.available, but have no suddenly discovered a magical money tree. --

:13:49. > :13:56.have no suddenly discovered. Like all things to do with magic, it is

:13:57. > :14:02.another gym. Do not fault with it. -- it is an illusion. Do not fall

:14:03. > :14:11.for it. Their own analysis have shown what the figures are that are

:14:12. > :14:19.involved. The Leave campaign have committed to more spending on lots

:14:20. > :14:25.of things. The cost is over ?100 billion. ?100 billion that they do

:14:26. > :14:28.not have. So now we know that is of today, we can see the campaigners

:14:29. > :14:33.for those who want to leave the EU are perpetrating the biggest con on

:14:34. > :14:39.the north-east ever. So I am saying to the people of the north-east

:14:40. > :14:45.again, do not be conned by the Leave campaign's fantasy economics. I fear

:14:46. > :14:49.for the future of our region where I have lived all my life if we leave

:14:50. > :14:53.the EU. Over 50% of our trade is with Europe from the north-east, and

:14:54. > :14:56.it provides over 100,000 jobs. Those two facts alone should make you

:14:57. > :15:04.think twice about leaving. If you think twice and on Saturday sets in,

:15:05. > :15:12.do not do it. Vote to remain. Don't be conned into believing the land of

:15:13. > :15:16.milk and honey awaits us after the referendum, because it doesn't. I

:15:17. > :15:18.want to say this to the people of the north-east. Can you really

:15:19. > :15:34.believe that people who want to leave would give us --, like one to

:15:35. > :15:38.give us the headroom tax and the banks -- the bedroom tax and food

:15:39. > :15:43.banks. They are well people who will remain well of Wetherby voted to

:15:44. > :15:52.remain orderly. I say to the people of the north-east, do not be conned.

:15:53. > :16:03.-- whether we vote to remain or leave. The reason why I will be

:16:04. > :16:06.voting to remain in is because frankly, I do not trust the Germans

:16:07. > :16:16.and the French to run Europe without us being there. Over the last 16

:16:17. > :16:21.years, both as the parliamentary candidates and more recently as the

:16:22. > :16:28.member of Parliament, I have always sought to try and take a realistic

:16:29. > :16:34.Euro view. I am not a Euro suicidal. I think we should make sure this

:16:35. > :16:39.thing works for us. And that we get as much as we possibly can out of

:16:40. > :16:44.it. If there is going to be a downturn in our economy, which is

:16:45. > :16:48.what it appears will be likely should we come out, that issue that

:16:49. > :16:52.I have been campaigning for for the last 16 years about improving our

:16:53. > :16:56.railways and roads down to the south-west white frankly will be put

:16:57. > :17:02.off for another ten or 15 years. I think that would be a personal

:17:03. > :17:06.disaster. I believe as well that there's a whole matter about our

:17:07. > :17:10.membership of the Union is something very similar to those previous

:17:11. > :17:16.debates that have taken place, like for instance, Imperial preference

:17:17. > :17:22.and things like that. Thank goodness our country eventually found a way

:17:23. > :17:25.to it. But one of the things we fortunately had to do was get

:17:26. > :17:30.involved in a few world wars in the process, and that is something I

:17:31. > :17:33.personally am very keen to make sure does not happen, especially as my

:17:34. > :17:39.relatives have fought in every single world war, and certainly all

:17:40. > :17:43.the wars that have ever been in existence, because we have been here

:17:44. > :17:52.for such a long time. To my mind, our job in Europe is to maintain the

:17:53. > :17:56.balance of power and that is truly crucial. When we have walked away

:17:57. > :17:59.from Europe we have found herself having to pay for that with an

:18:00. > :18:05.enormous amount of blood and treasure. Indeed, the other day and

:18:06. > :18:09.was receiving a briefing from one of the more renowned journalists in

:18:10. > :18:15.this country, who told us that the issue which is happening is America

:18:16. > :18:21.is seeking to turn away from looking at Europe, it sees Russia as a

:18:22. > :18:24.regional issue rather than a world issue, and they are much more

:18:25. > :18:29.interested in what happens in the Pacific as well. That, to my mind,

:18:30. > :18:33.if we come out of Europe, I think we will be Billy no mates, and I don't

:18:34. > :18:39.want to see that end up happening either. Earlier this year, I spent a

:18:40. > :18:44.few days with the Royal Marines, seeing myself some of the issues

:18:45. > :18:48.they have do deal with. I got involved in trying to bowl the

:18:49. > :18:54.shelter, light a fire, Keller chicken. I did not do that. It was

:18:55. > :18:57.all rather difficult. I also learned how important the Baltic states are

:18:58. > :19:04.as far as this country is concerned, and unless we end up engaging in

:19:05. > :19:09.Europe, I'm afraid I think that issue will be very big. I would also

:19:10. > :19:13.add the Americans are not interested in putting money into Nato. They

:19:14. > :19:17.want to take it out. The moment we decide to walk away from all of

:19:18. > :19:25.that, we will find herself actually having to pay more money as well.

:19:26. > :19:30.Would my honourable friend recognise that the Republican candidate for

:19:31. > :19:35.the United States Presidency has declared Natal obsolete? I find that

:19:36. > :19:45.absolutely and utterly stunning, and that is the reason we want to remain

:19:46. > :19:48.in. Some points about my own constituency. The company that run

:19:49. > :19:53.the dockyard have written a letter to the Times and very friendly and

:19:54. > :19:55.support, and the employed 5000 people. I have a boat manufacturer

:19:56. > :19:59.who are very worried indeed about what will happen should we come out

:20:00. > :20:07.because of how they think both the French and Greeks will seek to

:20:08. > :20:11.defend the old building industry -- boat building industry. Finally, I

:20:12. > :20:15.think we will end up also seeing our university and the students in my

:20:16. > :20:20.constituency very badly damaged. We have a global reputation for Marine

:20:21. > :20:31.science and engineering research, and that is something that I do not

:20:32. > :20:35.wish to jettison. I understand the unemployment figures, the claimant

:20:36. > :20:39.count, has come down to below 4% in a very deprived constituency. It is

:20:40. > :20:43.rather unique to have a Conservative member of Parliament sitting on

:20:44. > :20:47.these benches representing an inner-city seat which has actually

:20:48. > :20:50.got an 11 year life expectancy difference between the north of my

:20:51. > :20:55.constituency and the West of it, around Devonport as well, and that

:20:56. > :20:56.is something which it is very important we continue to be able to

:20:57. > :21:05.invest into those kind of things. I think the Prime Minister has done

:21:06. > :21:10.the right thing by seeking to make sure we get the best possible deal

:21:11. > :21:19.out of the Europeans that he was able to do. We have to remember that

:21:20. > :21:24.if it is decided we should join the European Union in the way of a more

:21:25. > :21:27.integrated way, we are going to have another referendum. That is

:21:28. > :21:31.something which I think will horrify some on this side because we have

:21:32. > :21:37.heard enough of this as well. This is about making sure we have a

:21:38. > :21:42.strong place in Europe and deliver as far as the economy is concerned

:21:43. > :21:48.for the West Country but also make sure we don't get involved in any

:21:49. > :21:53.more world wars or wars of any sort. Liz Kendall.

:21:54. > :21:56.Thank you, Madam Deputy Speaker. By the strength of our common

:21:57. > :22:00.endeavour, we achieve more than we do alone, so as to create for each

:22:01. > :22:06.of us the means to fulfil our potential. These words, written on

:22:07. > :22:10.Labour's membership card, or why I joined my party. I believe they are

:22:11. > :22:16.as true for nation states as they are for the people I am now

:22:17. > :22:20.privileged to serve. The reason I say this is the central argument

:22:21. > :22:24.made by those who want us to leave the EU is that Britain will achieve

:22:25. > :22:30.more and have more power and control if we vote for Brexit. I could not

:22:31. > :22:36.disagree more. In a world that is more connected than ever before,

:22:37. > :22:40.we'll control, the power to shape our destiny and tackle challenges,

:22:41. > :22:45.sees opportunities, rather than be left to the mercy of events, comes

:22:46. > :22:48.from working with our neighbours and allies to get the best for the

:22:49. > :22:55.British people. Resident Obama says nations should wheeled influence

:22:56. > :22:59.most effectively doing it through the collective action today's

:23:00. > :23:03.challenges demand and he is right. -- President Obama. Being a member

:23:04. > :23:06.of the EU gives Britain more influence and power not less. The

:23:07. > :23:11.power to sell goods in a sickle market of 500 million people

:23:12. > :23:15.according to rules we help decide and to reach better trade agreements

:23:16. > :23:20.as part of a bigger block of 28 countries. The power to tackle

:23:21. > :23:26.cross-border terrorism and crime and to act together when the rule of

:23:27. > :23:31.international law is threatened on our doorstep, like the sanctions

:23:32. > :23:35.regime we imposed following Russian aggression in Ukraine. And the power

:23:36. > :23:39.to address serious, long-term global challenges like climate change using

:23:40. > :23:43.our influence to secure a better deal within the EU and the EU's

:23:44. > :23:46.influence to get a better deal with the rest of the world. Cutting

:23:47. > :23:52.ourselves off from neighbours and allies in Europe and attempting to

:23:53. > :23:55.go it alone would diminish Britain's power, not increase it. It would

:23:56. > :24:01.give us less control to shape our future, not more. Whilst I care

:24:02. > :24:04.passionately about Britain's influence and role in the world,

:24:05. > :24:10.this referendum will in the end come down to the bastion of our economy

:24:11. > :24:14.and whether we will be better off in or out of the EU. There is not a

:24:15. > :24:19.single serious credible organisation that thinks we would be more

:24:20. > :24:23.prosperous out. The TDC and CPI are united. Job investment and wages

:24:24. > :24:28.will be hit and businesses and workers will suffer. The IAF S warns

:24:29. > :24:32.that our economy will shrink if we leave the EU. The costs would

:24:33. > :24:37.outweigh the money we get back I no longer being a member and require an

:24:38. > :24:43.additional 20 240 billion pounds of borrowing or spending cuts on top of

:24:44. > :24:46.what is already planned. Madam Deputy Speaker, I campaign for

:24:47. > :24:50.Remain not just because of the risks of a Brexit vote but because of

:24:51. > :24:53.opportunities for British businesses, workers and young people

:24:54. > :24:58.to build a better future if we remain in the EU. It has already

:24:59. > :25:08.hugely benefited this country, attracting crucial investment from

:25:09. > :25:13.Toyota, jaguar, Nissan and Hitachi another companies. It gives training

:25:14. > :25:17.for young people who need it most. Businesses in my constituency like

:25:18. > :25:22.energy efficiency companies tell me they have got real potential to

:25:23. > :25:25.expand and grow their businesses in future, particularly as the single

:25:26. > :25:29.market in digital services is completed, and as new trade deals

:25:30. > :25:34.open up markets in areas like clean energy. I desperately need companies

:25:35. > :25:37.like this to expand and thrive so that more my constituents can get

:25:38. > :25:42.decent jobs in the motor manufacturing industries of the

:25:43. > :25:46.future. Many of the students I meet also tell me they are passionate

:25:47. > :25:51.about us remaining in the EU. Our great University of Leicester has

:25:52. > :25:55.benefited hugely from investment from the EU, funding its new centre

:25:56. > :25:58.for medicine, doing world leading research on heart disease and

:25:59. > :26:03.training doctors of the future. Being part of the EU enables my

:26:04. > :26:09.students to live and learn and study in other countries. They terrified

:26:10. > :26:14.if we leave the EU their job aspects will be worse. Like me, they are

:26:15. > :26:17.astonished that people who back exit say, even if there is an impact on

:26:18. > :26:22.our economy, it is a price worth paying. But who will end up paying

:26:23. > :26:28.the price? Not Mr Banks. Not the honourable members for Surrey,

:26:29. > :26:32.Oxbridge and other places, no, it will be those who always suffer in

:26:33. > :26:37.an economic downturn, the poor vulnerable and low paid. In concept

:26:38. > :26:42.and businesses and families struggling to cope. Slower growth

:26:43. > :26:47.and lower tax receipts reducing public funding for services we rely

:26:48. > :26:51.on, and for what? The Mirage of greater self-control. That is why I

:26:52. > :26:55.am passionate about as voting to Remain in the EU. So we do not put

:26:56. > :27:03.unity at risk and seize the opportunities of the future. It is a

:27:04. > :27:05.pleasure to follow the honourable member for Leicester West who

:27:06. > :27:10.rightly made a positive case for staying in the European Union but

:27:11. > :27:15.also said importantly, who will pay the price if we leave? In my

:27:16. > :27:20.constituency, and as a country, I want us to be prosperous, peaceful

:27:21. > :27:25.and proud of being British. That is why, Madam Deputy Speaker, I'll be

:27:26. > :27:28.voting to Remain on the 23rd of June. I could make a security case.

:27:29. > :27:33.I could make a case about the sort of country you want us to be.

:27:34. > :27:39.Today's debate is about the economic benefits of the European Union

:27:40. > :27:45.membership. I focus on that. Being in the EU brings investment and jobs

:27:46. > :27:48.to the UK. It is not perfect, nor is any relationship. Being in the EU is

:27:49. > :27:55.good for our economy, which is good for our country. Madam Deputy

:27:56. > :27:59.Speaker, my right honourable friend the Prime Minister recently joined

:28:00. > :28:04.me in my constituency on a visit to a brewery, which is the UK's oldest

:28:05. > :28:07.brewery. It has been expanding successfully since the recession,

:28:08. > :28:12.thanks to our strong and stable economy. That is in the European

:28:13. > :28:17.Union. It is not something they should always take for granted. Like

:28:18. > :28:23.many businesses, the brewery are worried about the risk that mean we

:28:24. > :28:28.-- we may leave the EU, and they are the largest employer in my

:28:29. > :28:34.constituency. If they struggle, that means jobs in my constituency will

:28:35. > :28:37.be lost. I think there is no doubt, and everybody agrees with this,

:28:38. > :28:41.including those who are campaigning to Leave, that there will be a

:28:42. > :28:46.recession if we vote to Leave the European Union. Double mean the loss

:28:47. > :28:51.of thousands of jobs. -- that will mean. I have heard from the Leave

:28:52. > :28:56.side at the loss of those jobs perhaps does not matter. They see it

:28:57. > :29:00.as a sacrifice perhaps worth making but I say that jobs really do

:29:01. > :29:06.matter. Jobs mean livelihood. Income to pay mortgage and rent and bills.

:29:07. > :29:10.And by children's shoes. I could go on. It may sound of years but I am

:29:11. > :29:16.shocked at how dismissive some of those arguing Leave are about this.

:29:17. > :29:21.The economic squeeze we will experience, whether it lasts for

:29:22. > :29:25.five years or ten or longer, for today's school leavers, I think

:29:26. > :29:31.about what that means for them. The last generation of school leavers

:29:32. > :29:34.hit so hard by the last recession... We cannot have another lost

:29:35. > :29:40.generation like that as a result of a decision to leave the EU. Some

:29:41. > :29:42.members have argued that a vote to Leave could boost trade with

:29:43. > :29:49.non-European countries and that is highly uncertain. I would say it is

:29:50. > :29:55.unlikely. Our largest export market outside the EU is the US where, in

:29:56. > :30:00.2014, we exported ?84 billion worth of goods. That is dwarfed by the

:30:01. > :30:05.over ?150 billion worth of goods exported to the EU countries. That

:30:06. > :30:12.is good and services. They also argue our exports should increase if

:30:13. > :30:16.we have India, Australia or Canada, but each country has brought less

:30:17. > :30:22.than ?10 billion value per annum and that would in no way change

:30:23. > :30:26.overnight. Before I became an MP, some time ago, my day job was

:30:27. > :30:30.negotiating deals for Time Warner, which was at the time the largest

:30:31. > :30:35.internet provider in the world. One of the things I learned as a deal

:30:36. > :30:39.negotiator was that size matters. Your bargaining power matters and

:30:40. > :30:44.those that say that, as the UK, we would get better deals, the point is

:30:45. > :30:46.that the EU is a larger market. They have greater bargaining power in

:30:47. > :30:51.negotiations with other countries so I do not think we could be remotely

:30:52. > :30:54.confident that however great we are as a country and good at

:30:55. > :30:58.negotiating, we could negotiate better trade deals with other

:30:59. > :31:07.countries than we can within the EU, the EU could. I am conscious of

:31:08. > :31:11.time. I will move on. The NHS is the reason I became a Member of

:31:12. > :31:16.Parliament and since my time doing deals, as I mentioned, I have worked

:31:17. > :31:20.in many hospitals with the NHS. I know how difficult it is for the NHS

:31:21. > :31:25.at the moment. If we have to afford the cost of care for our society as

:31:26. > :31:31.we live longer and want more from the NHS, if we are to afford that,

:31:32. > :31:36.we need a strong economy. A vote to Leave would not only damage our

:31:37. > :31:40.economy and harm our prosperity, it would also damage our international

:31:41. > :31:45.reputation. We are respected abroad for our values and integrity and

:31:46. > :31:50.collective conscience. Many countries seek to emulate our

:31:51. > :31:53.democratic system. Leaving the EU sends the wrong message. It says

:31:54. > :31:58.that, when things get tricky, we walk away. That is not the sort of

:31:59. > :32:02.nation I want us to be. We must be an optimistic country playing an

:32:03. > :32:09.influential role in the world and that means being in the EU and

:32:10. > :32:14.leading from the front. Thank you, Madam Deputy Speaker. As part of

:32:15. > :32:18.Labour's In campaign last night, I spoke to a woman on the phone. She

:32:19. > :32:23.was not sure how she would vote and she did not know who to believe. She

:32:24. > :32:27.said she just wanted the facts. That is where I begin, Madam Deputy

:32:28. > :32:32.Speaker. Just one reason why we must be absolutely clear. Globalisation

:32:33. > :32:37.is happening and it is not going away. With democracy in Eastern

:32:38. > :32:42.Europe, the opening of China and India, capital and people now move

:32:43. > :32:47.freely across borders like never before, creating opportunities but

:32:48. > :32:49.also causing disruption. This globally connected economy means

:32:50. > :32:54.problems in the American mortgage market can trigger a recession that

:32:55. > :32:59.spread around the globe in hours. This is the modern world. For us, in

:33:00. > :33:04.Britain, each generation must answer the question, will we accept free

:33:05. > :33:10.trade because of the opportunities it offers? What are the rules

:33:11. > :33:14.required to make that market their? The global economy offers huge

:33:15. > :33:22.potential to the UK. We have advanced service sectors and our

:33:23. > :33:26.creative economy has moved. Boomed. Nowhere more as this obvious and our

:33:27. > :33:29.capital, perhaps the most globalised city in the world. Go to Glasgow and

:33:30. > :33:33.Liverpool in the story is the same but we must be honest about

:33:34. > :33:37.globalisation. Opportunity for many but for others, disruption and

:33:38. > :33:44.dislocation. Jobs created but also jobs lost. Capital movement could

:33:45. > :33:47.grow the economy that capital hiding offshore, untaxed, it's our public

:33:48. > :33:53.services. We must answer this question. How do we get maximum

:33:54. > :33:56.gains from this changing world and had we minimise the disadvantage?

:33:57. > :34:01.That is the real question to be answered by the EU referendum. Amid

:34:02. > :34:06.all the misinformation in this debate, I think there is a deep and

:34:07. > :34:10.honesty about the campaign to Leave the European Union. Or, rather,

:34:11. > :34:14.should I say, the two campaigns, because there are too completely

:34:15. > :34:18.contradictory arguments about running here at the same time. On

:34:19. > :34:23.one hand, we are told to leave so we can stop the disruptive effects of

:34:24. > :34:27.globalisation and close the borders, protectionism and preferential

:34:28. > :34:31.treatment for British workers. Does the honourable lady recognises

:34:32. > :34:36.well that the Brexit campaign has led people to the top of the hill in

:34:37. > :34:42.relation to immigration and could be doing an enormous amount of damage

:34:43. > :34:44.as far as immigration? Madam Deputy Speaker, I could not

:34:45. > :34:48.have putted better and this is presented to those who are feeling

:34:49. > :34:56.the sharp end of globalisation as a solution. As they said, nothing like

:34:57. > :35:01.that. It would sabotage the British economy and destroy even more jobs.

:35:02. > :35:06.The other set of leavers, the people who think that the problem with the

:35:07. > :35:12.EU, we heard it earlier, is that it shot us from globalisation... They

:35:13. > :35:18.say, leave Europe and face the world. Embrace non-EU immigration

:35:19. > :35:21.and let the market goal. Even if you ignore the difficulty of facing the

:35:22. > :35:33.world where you have no trade deals, this is not an attractive option.

:35:34. > :35:40.Two bad options the Britain but one even bigger deceit. The lie that you

:35:41. > :35:45.could have both these things at once but that is not true. Either you are

:35:46. > :35:50.up for free trade and were taking part in the world, working with

:35:51. > :35:56.others to make markets work or you want to shut Britain off from the

:35:57. > :36:01.world. The Leave campaign of misleading people. The dishonesty

:36:02. > :36:06.but across tells low-paid workers there risen easy remedy to their

:36:07. > :36:12.words when the medicine will only make the patients sicker. I agree,

:36:13. > :36:17.it is time for plain speaking and here is the truth. The world economy

:36:18. > :36:22.has globalised. It brings destruction and loss to the British

:36:23. > :36:28.people and we don't solve that by running a siege economy but rather

:36:29. > :36:32.than staying in the single market, take advantage of the opportunities

:36:33. > :36:44.that will come as we properly integrate surges -- services. The EU

:36:45. > :36:51.is 447% of our experts and we should help European companies -- countries

:36:52. > :36:58.make the European reforms. Corporation as we know is how we

:36:59. > :37:02.maximise our success. It is also central to minimising the negative

:37:03. > :37:05.effects of globalisation and it is only through Corporation of the EU

:37:06. > :37:11.that we make sure there is no race to the bottom on working additions.

:37:12. > :37:16.If you are a low-paid worker, brags it will mean worse conditions and

:37:17. > :37:21.worse career progression for you. If you are a higher paid worker, there

:37:22. > :37:26.will be less trade and even higher taxes and if you are a pensioner,

:37:27. > :37:34.Brexit will mean less money to invest in the pension system. They

:37:35. > :37:37.add knowledge there will be a shirt -- short-term hit. Let us take a

:37:38. > :37:45.moment to consider the short-term. It mean a recession as if we were in

:37:46. > :37:49.need of another recession after the horrors of 2008. Unlike 2008, we

:37:50. > :37:54.wouldn't have a Government willing to work with others around the world

:37:55. > :37:57.to solve the crisis. We would have a recession and the most right-wing

:37:58. > :38:03.Government in living memory. A closed economy would make us all

:38:04. > :38:12.poorer and especially those with the least. A choice between prosperity

:38:13. > :38:17.in the EU or austerity out of it. Influence in the EU or irrelevance

:38:18. > :38:25.out of it. Making it work for Britain or pretending we solve our

:38:26. > :38:29.problems by quitting. Let us vote Remain. I believe it is in our

:38:30. > :38:35.national-security interests to remain within the European Union and

:38:36. > :38:43.the national security interests of the US and of our allies in Europe.

:38:44. > :38:51.At a time we see conflict around the world and an unstable world. The

:38:52. > :38:58.last thing we want to do is see a fragmentation of the European Union.

:38:59. > :39:02.We don't want to see ambiguity in foreign policy and a weakening of

:39:03. > :39:09.the European Union and the strength that we draw from one another. There

:39:10. > :39:14.has been a lot of debate about whether Nato or the European Union

:39:15. > :39:21.is the cornerstone of our national-security. I would argue it

:39:22. > :39:32.has developed into both. Nato is a major cornerstone of our national

:39:33. > :39:35.security. However, I asked the question to Brexiteers com is it

:39:36. > :39:45.likely we will see France and Germany FastTrack EU structures? If

:39:46. > :39:55.that is the case, is it likely to undermine Nato. My answer is also

:39:56. > :39:59.yes. We would see EU defence structures rather than complimenting

:40:00. > :40:06.Nato and that makes me very concerned indeed. We also hear on

:40:07. > :40:12.the counter-terrorism argument that our open borders would endanger our

:40:13. > :40:16.cities and towns and those that live in this country. If you look at our

:40:17. > :40:20.counter-terrorism issues and challenges in this country, the

:40:21. > :40:28.majority are home-grown. If you look at the awful tax in Brussels and

:40:29. > :40:34.Paris -- awful attacks in Brussels and Paris, most of those that were

:40:35. > :40:46.attacks were EU citizens. Remaining in the EU does not increase our

:40:47. > :40:54.threat of terror attack. I was one of the key people. The member for

:40:55. > :40:58.Bury North, co-writing the motion to have the European referendum which

:40:59. > :41:01.defeated the Prime Minister and the Conservative Government and we are

:41:02. > :41:08.where we are. I make no apology for having played a key part in that. It

:41:09. > :41:14.is right that the British people should be the franchised on the

:41:15. > :41:19.European question. Nevertheless, as somebody who has served on the Nato

:41:20. > :41:22.Parliamentary Assembly for five years and on the joint National

:41:23. > :41:29.Security strategy for four years, I came to the view on balance and

:41:30. > :41:33.after serious reflection for national security reasons, that we

:41:34. > :41:39.should remain in the European Union. We have heard a lot about the

:41:40. > :41:43.economic impacts of withdrawal from the European Union. I have no doubt

:41:44. > :41:50.there will be a massive shock on our economy. If there was a ?40 billion

:41:51. > :42:01.hits, yes, there would be further public sector cuts and tax rises and

:42:02. > :42:07.that will be bad for Britain. With that national you cannot have

:42:08. > :42:10.economic security. Without it, you cannot have national-security

:42:11. > :42:14.because you don't have the funds to pay for our defence and intelligence

:42:15. > :42:20.agencies and the member for Tonbridge calling for a expansion of

:42:21. > :42:24.the Foreign Office in the ASIS and the mainstream Foreign Office. The

:42:25. > :42:30.member for Plymouth Sutton put his finger right on it. Do we want to

:42:31. > :42:35.put up the white flag? Do we want to surrender all we have worked for as

:42:36. > :42:42.the UK in Europe to France and Germany? They are close allies that

:42:43. > :42:48.there -- they can be eccentric. Diplomacy is a key part of

:42:49. > :42:51.national-security. Are we going to surrender the diplomacy of the

:42:52. > :42:58.European Union over to some of the more eccentric play France and

:42:59. > :43:01.Germany? Would we have those very robust and tough sanctions on

:43:02. > :43:06.Ukraine if it wasn't for the Foreign Secretary and the Prime Minister

:43:07. > :43:09.making robust representations in Brussels and around the capitals of

:43:10. > :43:14.Europe in making sure Russia paid for its aggression in Ukraine? If

:43:15. > :43:20.Russia didn't pay for that aggression, would it have aggression

:43:21. > :43:26.in the Baltic states? I am not passionate about Europe. I love the

:43:27. > :43:29.UK and that is why I believe on balance our best interests for a

:43:30. > :43:38.safer, more secure and prosperous Britain is to remain in the European

:43:39. > :43:42.Union. Madam Deputy Speaker, the forthcoming referendum on the UK's

:43:43. > :43:46.membership of the European Union will say a great deal about how we

:43:47. > :43:52.the British people see ourselves as a nation. We nation at peace with

:43:53. > :43:57.ourselves, gospel in the belief that by working closely with others we

:43:58. > :44:02.can govern our people to the benefit of everyone? Internationalist in

:44:03. > :44:08.outlook and confident of our place in the world. Are we fearful of the

:44:09. > :44:12.outside world whether it is the European Union that is doing Europe

:44:13. > :44:21.to us rather than us being a part of Europe? Or the threat of immigration

:44:22. > :44:26.but the concept of free movement has been conflated with free movement of

:44:27. > :44:32.refugees, economic migrants, legal or illegal migrants from outside of

:44:33. > :44:38.the European Union. We face a whole host of problems. Illegal migration,

:44:39. > :44:45.people trafficking, terrorism, environmental pollution to our

:44:46. > :44:51.rivers and seas. All of the above do not respect national boundaries. By

:44:52. > :44:53.working together in the most successful multinational

:44:54. > :44:57.organisation that the world has ever seen with its own single market is a

:44:58. > :45:04.solution to our problems, not a problem. Yes, we have our

:45:05. > :45:07.differences with European neighbours that they settled on conference

:45:08. > :45:16.tables in places like Brussels, Strasbourg, London, Berlin and

:45:17. > :45:21.Paris, not by bloody wars. Those problems escalated into two world

:45:22. > :45:28.Wars resulting in the deaths of millions of people. The real

:45:29. > :45:33.responses for Britain to say that these problems are also our

:45:34. > :45:37.problems. We cannot shut ourselves off politically and economically

:45:38. > :45:42.from the rest of Europe. We must recognise that it is a geographical

:45:43. > :45:48.and political fact that we are part of a union of nations that shares

:45:49. > :45:51.common interests, values and goals and that our neighbour's problems

:45:52. > :45:57.will become our own unless we work with them to help solve them. If we

:45:58. > :46:01.didn't already have that European Union, we would have had to create

:46:02. > :46:07.something similar to deal with these particular problems and many others

:46:08. > :46:13.indeed. History, solidarity and common sense are good reasons for

:46:14. > :46:17.staying within the EU. Let me be more hard-headed about this and talk

:46:18. > :46:23.in terms of costs and benefits. I have said little about the benefits

:46:24. > :46:29.and the things we take for granted. The anti-Europeans who say Europe is

:46:30. > :46:33.a threat totally disregard the decades of successful membership

:46:34. > :46:39.which has contributed into making Britain into the world's fifth

:46:40. > :46:42.largest economy. Yes, we could survive outside of the European

:46:43. > :46:47.Union. Yes, we could manage outside the European Union but at what

:46:48. > :46:53.price? The benefits of being a member of the largest single market

:46:54. > :47:00.in the world has cost, and that is why we pay contributions. You do so

:47:01. > :47:05.because you accept the benefits outweigh the costs. Let us see what

:47:06. > :47:09.the UK's largest business organisation says and then I will

:47:10. > :47:18.say a little bit about what the UK's largest worker's organisation says.

:47:19. > :47:24.We have access to a 16.6 trillion dollars a year in the single market

:47:25. > :47:29.of 5 million people and that is a key benefits. The single market goes

:47:30. > :47:34.beyond the trade agreement. It has eliminated tariff barriers within

:47:35. > :47:38.its borders and has taken strides towards removing nontariff barriers

:47:39. > :47:46.such as goods, regulations across the board. The UK's net contribution

:47:47. > :47:51.is a small net cost relative to the benefits and net contribution is

:47:52. > :47:59.around 7.3 billion euros or not .4% of GDP. It is clear the largest

:48:00. > :48:03.business organisation is in favour. The cheat -- the TUC general

:48:04. > :48:06.secretary, Frances O'Grady comes as working people have a huge stake in

:48:07. > :48:12.the referendum because worker's writes on the line. It guarantees

:48:13. > :48:17.workers then writes to play -- to pay holidays, equal leave and

:48:18. > :48:22.treatment for part-timers. These rights cannot be taken for granted

:48:23. > :48:31.and without the back-up of EU laws on scrupulous -- unscrupulous

:48:32. > :48:38.lawyers will take away protections. Without remaining, those protections

:48:39. > :48:49.could disappear. Vote Remain. When we started this process, if you had

:48:50. > :49:03.split me down the middle, I was 49% for leave and 51% for remain. Today,

:49:04. > :49:14.I am ?127 -- 100 and 27% in favour of Remain. There are two reasons

:49:15. > :49:19.that have got me to that position. The first is looking at some of the

:49:20. > :49:23.facts. I am a south-west member of Parliament. We export goods from the

:49:24. > :49:30.south-west to the EU in the first quarter of this year of ?9.7

:49:31. > :49:39.billion. That is 64% of all the exports from the south-west going to

:49:40. > :49:43.the EU. In my constituency, 5249 jobs are reckoned to be dependent

:49:44. > :49:49.upon trade and membership of the European Union, one of the highest,

:49:50. > :49:50.if not the highest in the county. On a conservative estimate, 45,000 jobs

:49:51. > :50:13.will be at risk in my region in It would be a dereliction of duty to

:50:14. > :50:20.vote any other way than to preserve that. I don't wish to sacrifice on

:50:21. > :50:27.some altar of so-called sovereignty the livelihoods of my constituent

:50:28. > :50:32.two. Because sovereignty as an abstract does not pay the mortgage

:50:33. > :50:39.or the rent or the bills. It does not put food on the table. I will be

:50:40. > :50:47.able to look at my constituents in the eyes and say, we do not have two

:50:48. > :50:53.starts in the case of independence. What a marvellous legacy to leave.

:50:54. > :51:01.Would the honourable gentleman luckily the NDI, somebody who relied

:51:02. > :51:06.on paying my mortgage and put food on my table and my children's table

:51:07. > :51:10.and say that he is happy to sacrifice an industry for the EU

:51:11. > :51:18.ideal? In the first instance, I would not

:51:19. > :51:22.say that it has been sacrificed, the fishing sector, but we are

:51:23. > :51:27.absolutely right to look at it from the perspective of our constituents.

:51:28. > :51:31.I know that the agriculture and dairy sector in North Dorset would

:51:32. > :51:37.not be able to survive without the continued guarantee, politically

:51:38. > :51:41.colour-blind support, that the EU provides to British agriculture.

:51:42. > :51:48.There are two things I want to say specifically, if I may. The first

:51:49. > :51:56.has been the absolute lack of clarity and united vision from the

:51:57. > :52:01.Leave campaign. Albania, Norway, WTO, something like that... We can

:52:02. > :52:08.stand alone... Whatever it might happen to be. Somehow or another we

:52:09. > :52:12.have this arrogance, which I think was probably the death of some of

:52:13. > :52:16.our industry is some years ago, that we have the right to sell to the

:52:17. > :52:21.rest of the world, and Europe, on terms to our satisfaction, and they

:52:22. > :52:25.should feel jolly grateful that they are allowed to buy our product. The

:52:26. > :52:31.global marketplace does not work like that any more! We have two

:52:32. > :52:36.burden our living. -- earn our living.

:52:37. > :52:44.Thank you the honourable member for giving way. Is this not a

:52:45. > :52:48.contradiction for Leave? They claim we could sign up to every EU rule

:52:49. > :52:53.and regulation but not be able to change it. The only way to change EU

:52:54. > :52:57.regulations is if you are a member of the EU.

:52:58. > :53:01.The honourable gentleman is absolutely right. It is either the

:53:02. > :53:07.longest suicide note in history or the worst written business plan I

:53:08. > :53:17.have ever come across. It's a fantastic wheeze, you know. 42% of

:53:18. > :53:22.my almost guaranteed sales, I will go and see if I can grow another few

:53:23. > :53:28.markets. But we can do both. It seems to me the highest folly in

:53:29. > :53:32.favour the already tariff free access to the world's largest free

:53:33. > :53:39.trading area. It would be a dereliction of our duty, and for

:53:40. > :53:47.those who get frightfully excited about when they are erogenous zones

:53:48. > :53:52.of sovereignty are being tickled... Not in the cases of some, Madam

:53:53. > :53:58.Deputy Speaker, the most attractive prospect I could think of... Let us

:53:59. > :54:05.just recall and put on the record... We keep saying we must take

:54:06. > :54:08.decisions. Absolutely right, accountable to our constituents. If

:54:09. > :54:15.after five years they do not like what we have done, they can kick us

:54:16. > :54:20.out. They are is a vote in this sovereign parliament this afternoon,

:54:21. > :54:27.and 74% of us voted to remain. Cross-party, across regions, a

:54:28. > :54:32.cross-country. A signal of the clear merits and benefits of the UK plc

:54:33. > :54:37.doing that originally British thing of fighting for our interests,

:54:38. > :54:40.championing our businesses and speaking of our people, and making

:54:41. > :54:46.sure we get the best deal possible. I do want to say something else. The

:54:47. > :54:53.other thing which has given me that extra 60 odd percent to be in

:54:54. > :55:02.remain. That we would not have a rerun of the debate which we saw in

:55:03. > :55:07.Russia in the 1870s and 1880s and in Germany in the 1920s and 1930s. Our

:55:08. > :55:13.infrastructure was under pressure. We can solve that. That is a solving

:55:14. > :55:22.job of this place at our local councils. But, no. Those people

:55:23. > :55:28.blamed the Ugandans, they blamed the Jews, but they will blame anybody

:55:29. > :55:33.else but ourselves. They blame "Them" for taking our jobs, our

:55:34. > :55:38.houses, our places on the hospital waiting lists, forgetting

:55:39. > :55:45.constituencies such as mine, where many retired. We need this young...

:55:46. > :55:51.These young people coming in to work in our services. Madam Deputy

:55:52. > :56:01.Speaker, we are hearing that bitter, twisted, acid debate about

:56:02. > :56:05.immigration. I do not want to be any part of that. There is a very

:56:06. > :56:09.strong, positive narrative to say that we need that new blood and

:56:10. > :56:16.talent. We need those people coming to our shores. When they go to Spain

:56:17. > :56:20.and set up a business, we call ourselves and expat. When they come

:56:21. > :56:25.here, we see them as a drain. Not to my name, not in the name of this

:56:26. > :56:33.party, we vote to Remain. You may, like many have seen, a

:56:34. > :56:41.front-page splash in the Times last week trumpeting support for Brexit

:56:42. > :56:48.from Lord Bamford of JCB. An iconic person based in Staffordshire. The

:56:49. > :56:54.story smacked of desperation. It was as we call it in the trade old news.

:56:55. > :56:58.Anyone reading the local newspaper in Staffordshire would have known

:56:59. > :57:04.when the good Lord came out for it a year ago. He is part of just a small

:57:05. > :57:09.smattering of industrialists on the Brexit site, including Maverick

:57:10. > :57:15.night of the wrong James Dyson, who makes impossibly, located Hoover 's

:57:16. > :57:22.in Malaysia. The reality is that there are views are not reflective

:57:23. > :57:25.of the large majority of businesses, investors or economies. Our EU

:57:26. > :57:28.membership has been vital in attracting much-needed investment

:57:29. > :57:34.here. Nissan, Toyota and Honda from Japan made that clear early on,

:57:35. > :57:42.voting for the UK to Remain. The likes of BMW, Volkswagen and Bosch

:57:43. > :57:45.from Germany have since joined them. Does my honourable friend see the

:57:46. > :57:53.story in the Financial Times today which points out that both Sir James

:57:54. > :57:56.Dyson and Anthony Bamford have been caught breaking competition rules by

:57:57. > :58:03.the European Commission, and suggesting that was the motive?

:58:04. > :58:05.I cannot speak for their personal relation to it by hand sure they

:58:06. > :58:10.speak for themselves personally rather than for their own

:58:11. > :58:15.businesses. German companies who employ 500,000 people, and along

:58:16. > :58:22.with the Japanese, they have made the UK car industry the most

:58:23. > :58:27.successful in our country's history. Along with Tata Steel, with their

:58:28. > :58:33.investment into Land Rover. That's Tata would want to leave the world's

:58:34. > :58:37.biggest single market? In this case, their voices deserve to be listened

:58:38. > :58:41.to, not silenced through intimidation from the Leave

:58:42. > :58:44.campaign. Of course, the voices of great British companies, and

:58:45. > :58:50.household names like Rolls-Royce, one of our biggest export. My

:58:51. > :58:54.grandad built spitfire engines at Crewe for Rolls-Royce and today the

:58:55. > :58:59.country patriotically urged its staff to vote Remain. Madam Deputy

:59:00. > :59:03.Speaker, it is not just big multinationals who are emphatically

:59:04. > :59:10.in favour of our remaining. This spring, I carried out a survey of

:59:11. > :59:13.around 1000 small businesses in my constituency Newcastle under line.

:59:14. > :59:20.We had a response that 80% were in favour of Remain. Some thought, yes,

:59:21. > :59:24.we should stay in to reform from within. The response to the survey

:59:25. > :59:29.reflects the balance within the wine and Bishop of Staffordshire's

:59:30. > :59:42.Chamber of Commerce -- the wider membership. That vital, for us,

:59:43. > :59:46.export led industry, puts it in the country's interests. They recognise

:59:47. > :59:50.it is better to have one rule rather than 28 different ones for each

:59:51. > :59:54.country in the EU. We take a local example of the new economy, as well.

:59:55. > :00:05.One of our most passionate supporters of the campaign to Remain

:00:06. > :00:10.is bet 365, one of the world's biggest online betting companies and

:00:11. > :00:13.the owner of a football club. Over the last years, the family who owns

:00:14. > :00:18.it has built it into one of the biggest private sector companies in

:00:19. > :00:22.Staffordshire, with many highly skilled staff. It is one of the UK's

:00:23. > :00:25.biggest success stories of the last decade and they can only dream,

:00:26. > :00:30.because at the moment they do not just have 28 rules to content with

:00:31. > :00:37.that far more, with a German Lander and different European regions

:00:38. > :00:41.having individual regulations. Bet 365 would benefit by staying in and

:00:42. > :00:47.extending the single market to services in e-commerce, which were

:00:48. > :00:53.key pieces of the Minister's negotiation.

:00:54. > :00:59.Earlier on, you probably heard it mentioned that there was a vote from

:01:00. > :01:03.different parties in relation to why they want to Remain in Europe.

:01:04. > :01:10.Another voice was from Margaret Thatcher. Why did she sign up to the

:01:11. > :01:17.single market? There is a proposal for a central bank and the role...

:01:18. > :01:21.These were all factors... Now some of the Brexit people who want out by

:01:22. > :01:26.the very people who signed up to support it.

:01:27. > :01:29.My honourable friend was right, and Margaret Thatcher knew what side

:01:30. > :01:34.this country's bread was buttered on and as did John Major, whose

:01:35. > :01:41.Government was held to ransomed by many of the figures on this side.

:01:42. > :01:46.That'll make the honourable member from Whitney's life a misery when

:01:47. > :01:48.hopefully we vote to stay in. The businesses I mentioned locally and

:01:49. > :01:58.nationally will not benefit, nor with the wider British economy.

:01:59. > :02:02.Madam Deputy Speaker, if I had more time, I would talk in detail about

:02:03. > :02:10.the benefits to the NHS and higher education. There is a whole campus

:02:11. > :02:14.at the University in Newcastle underlying which has one of the

:02:15. > :02:19.country's leading medical schools. That is about to be boosted by a ?20

:02:20. > :02:26.million new research facility for drugs and medical treatments, and

:02:27. > :02:32.?30 million come from the EU. The NHS local economy is due to get ?30

:02:33. > :02:38.million EU funding for research and education alone. The risks of losing

:02:39. > :02:41.that if we vote to Leave are sizeable. The EU has been pivotal in

:02:42. > :02:47.securing other things too often taken for granted. Equal rights for

:02:48. > :02:51.agency workers and minimum paid holidays, maternity pay and the

:02:52. > :03:00.quality of play across the board. But Deputy Speaker, to conclude...

:03:01. > :03:03.-- equality of pay. I believe it is a tactical exercise in party

:03:04. > :03:06.management which has seen the Conservative Party, the governing

:03:07. > :03:13.party fall apart. The honourable member for Whitney, through two

:03:14. > :03:16.general elections and referendum so far as being in many respects of the

:03:17. > :03:21.largest Prime Minister and next Thursday, on this occasion, I hope

:03:22. > :03:25.he will hold. The decision we face next next week is about more than

:03:26. > :03:29.jobs, investment and prosperity. It is not learning correct lessons from

:03:30. > :03:34.history. The past has shown that Britain has an important role at the

:03:35. > :03:38.heart of Europe. That engagement and co-operation makes that continent

:03:39. > :03:41.more progressive, more outward looking and more stable. Next

:03:42. > :03:49.Thursday, the right lesson to learn for history is to vote Remain.