Engagements — House of Commons, 2016-06-15
Topic: Macroeconomics
Questions: Having recently undertaken a real ale tour of some my constituency’s finest public houses, and having sampled some of the finest ales that anyone is likely to taste —many of them brewed locally in Derby North, which is recognised as the real ale capital of the UK—may I ask the Prime Minister to join me in acknowledging the virtues and massive benefits to local economies from small and medium-sized breweries up and down the country?; Since the terrorist attacks in Paris and Brussels, many of my constituents are worried that remaining in the EU increases the risk of terrorism, fears exacerbated by the disgraceful comments of people such as Nigel Farage. Does my right hon. Friend agree with me that our security services are helped, not hindered, by the EU?; Knowsley is expecting to receive £10 million in EU funding over the next three years. EU funding has helped attract businesses to the borough, including QVC, which created 2,500 jobs. Is it not the case that that important funding from the EU could be lost if we vote next week to leave the European Union?; The number of children growing up in workless households has fallen by nearly half a million since 2010. Will the Prime Minister continue to tackle child poverty by focusing on rising wages, more jobs and a growing economy?; Thomas and Elke Westen live and run their businesses in Kirkcaldy, but, as Germans, they are denied a vote next week. They are hurt by the portrayal of immigrants in the EU debate. They leave for France on Sunday, and are considering leaving permanently if we exit the EU. Will the Prime Minister join my call for them and others in a similar situation to stay, as they are highly valued?; Given the Government’s recent enthusiasm for making forecasts and predictions, will the Prime Minister tell the House in which year we will meet our manifesto commitment to reduce immigration to the tens of thousands?; Many in my constituency of Swansea East are already struggling to make ends meet. The World Trade Organisation says that if we leave the EU we could face major tariffs on trade, and would have to renegotiate more than 160 trade agreements. Does the Prime Minister agree that leaving the EU would hit hard-working families the most by raising the cost of living, and that it is too big a risk to take?; Following the Chancellor’s welcome announcement about the launch of the new Thames estuary 2050 growth commission, will the Prime Minister outline his hopes for how the commission’s focus will deliver the much needed infrastructure and economic development that will allow north Kent to prosper, including in my wonderful constituency of Rochester and Strood?; Some 2,500 people are employed in the ceramics industry in my constituency. Their jobs are dependent on EU trade, their rights are protected by the EU social charter, and their town centres have been rebuilt with EU funds. With his friends in the leave campaign producing more spin than a potter’s wheel, does the Prime Minister share my fears that despite Europe’s flaws, a Brexit vote could leave us picking up the pieces of a broken economy for years to come?; Thirty years ago when I was just a little lad—[Hon. Members: “Aah”] Thirty years ago, my parents quit their jobs and founded a small manufacturing business around our kitchen table. Today, British manufacturers—particularly small businesses—are worried because if we leave the European Union, they will continue to make their products to common European standards because they value the free market. They value the single market and want to export, but they are aware that the United Kingdom will have no say whatsoever in the formulation of those standards, and their competitive advantage will be destroyed. What advice does my right hon. Friend have for my parents and for small businesses and the millions of jobs that depend on them across the country?; Next week, I will be visiting 25 schools in my constituency to explain both sides of the EU referendum argument to those of our population who will be the most heavily impacted by a decision they cannot make. Does the Prime Minister have any words for these young people for the remain segment?; I agreed with the Prime Minister on Europe when he said to the CBI on 9 November last year:“Some people seem to say that really Britain couldn’t survive, couldn’t do okay outside the European Union. I don’t think that is true…The argument isn’t whether Britain could survive outside the EU; of course it could.”So if, as I hope, despite the panic-driven negativity from the remain camp in Downing Street, the British people vote next week to become a free and independent nation again, will my right hon. Friend join me in embracing the great optimism and opportunity for our country and our people that such a momentous decision would bring?; I congratulate my right hon. Friend on honouring our manifesto pledge and delivering this historic referendum. Unfortunately, however, we have heard some hysterical scaremongering during the debate, and there are those in this House and the other place who believe that if the British people decide to leave the EU, there should be a second referendum. Will he assure the House and the country that, whatever the result on 24 June, his Government will carry out the wishes of the British people—if the vote is to remain, we remain, but if it is to leave, which I hope it is, we leave?
David William Donald Cameron (Conservative, Centre-right): We will be strapped for cash, if we believe the Institute for Fiscal Studies or the National Institute of Economic and Social Research—both impeccably independent—who say that there would be a hole in our public finances of between £20 billion and £40 billion. You do not have to be an economic expert to see this: if the economy shrinks, and there are fewer jobs and lower wages, there will be less in tax receipts. If there is less in tax receipts, we will clearly need to make cuts, put up taxes or increase borrowing. It is a simple matter of mathematics. There is an easy way to avoid that situation—vote to stay in a reformed European Union next Thursday