UK Parliament / Open data

European Union (Finance) Bill

Proceeding contribution from Alison McGovern (Labour) in the House of Commons on Thursday, 11 June 2015. It occurred during Debate on bills on European Union (Finance) Bill.

I have no fear of the views of the British people and I only endeavour to listen to them.

Seven out of ten of the UK’s largest export markets are in EU countries, amounting to 42% of the UK’s total exports or £122 billion every year. Some of those exports are made in my constituency, and I see the vital importance of the European market to the whole of the UK and to my constituents no less than to anyone else’s. Of all the investment spending in the UK over the past 20 years, 21% has come from foreign direct investment, and we should not underestimate the importance of that. We have access to 500 million customers in the single market, and in my role as shadow City Minister. I must raise the point that in my opinion the financial services sector benefits enormously from remaining within the EU.

About this proceeding contribution

Reference

596 c1424 

Session

2015-16

Chamber / Committee

House of Commons chamber
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