The hon. Gentleman should know that we have a deal at the moment with the European Union. It is a good deal, and any other deals we have with the European Union that involve us leaving the customs union and the single market will damage the economy. He should be straight about that. I notice that he will not give small businesses a guarantee—no Conservatives will, but none of them will go to the wall because of their political adventures. They should be aware, and the rest of the country should be aware, of what they are doing.
The chemical industry is very worried about exactly what regulation it will have. It describes itself as the “industry of industries”, underpinning pharmaceuticals and automotive in the UK, and aerospace. If it is outside the REACH regulation and cannot license chemicals, some chemicals might not be available in the United Kingdom.