Exiting the European Union (Sanctions)

It is a very fair question to ask whether, given the influential role we have had within the EU by being part of it, it will have a detrimental effect on the united front that sanctions offer to the world against those who need to be sanctioned. I think that because of our diplomatic network and diplomatic reach, and our dominance of financial markets through the City, instead of wanting to turn their back on us, should we leave the EU in that way members of the EU27 will still want to work with us very closely. I think we will continue to share in common the objectives we hold to bring the worst people to book through the workings of sanctions. We have made it very clear to the EU that we really hope that whatever happens we can continue to work together, hence our wish to fold existing EU sanctions regimes into our own legislation after we have left the EU. I will give way one more time and then I will just rattle on, if I may.