European Union Bill

I too oppose the amendment, although I recognise that in tabling it the opposition Benches are very conscious of the leap in the dark that we are making to some extent with this Bill. It is about future eventualities at a time of significant flux in the world, and indeed in the European Union. One would need to be a clairvoyant to imagine what might be coming down the road in terms of emergencies and urgencies that would need rather speedier action than the normal pace of change in the European Union. In fact I think one of the reasons why there is a disconnect between the British electorate and the Union is partly because of the very slow and cumbersome methodology and pace of reacting to events. When there is a deep economic recession or a great financial or banking crisis, people out in the country want their leaders and politicians to act speedily to deal with the issues that led to those events, and perhaps would wish us to move faster than we have been capable of doing in international fora and multilateral institutions. Despite recognising these things, I nevertheless oppose this amendment because I think what defines urgency is so subjective and so much predicated on what the Government of the day, and the policy-makers on either side of the debate, would imagine to be urgent or not. While I think we all know what is urgent when it hits us in the face, and it is quite right that we should and should then act speedily, enshrining it in law seems to raise a host of problems, not least again with judicial review. It also creates a basis of very subjective analysis as to whether something is urgent or not, and the noble Lord, Lord Triesman, in his very helpful moving of the amendment, accepted that we do take quite a long time—that even the European financial stability mechanism is going to take a leisurely pace. This really goes to the heart of the argument; that it is better for us to look for ways to facilitate speed and urgency when the urgent situation arises, rather than to seek to enshrine it in law at this stage.