John Baron MP: Any Brexit bill will be dwarfed by savings

29th November 2017
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MP says Parliamentarians must accept decision of British people

Today in the House of Commons, Rt Hon Liz Truss MP responded for the Government to an Urgent Question on the size of the Brexit financial settlement.

In the Chamber, John said,

“Most of us accept that a good trade deal is better than no deal, that we should honour any financial commitments, and that there will be compromise in any negotiation. However, I suggest to the Minister that this issue is a storm in a teacup given that an underlying principle of this negotiation is that ‘nothing is agreed until everything is agreed’, and that she should ignore the few siren voices who still have to accept the decision of the electorate at the referendum.”

The Minister agreed, and said that any indication of financial settlement would be contingent on the nature and result of the trade negotiation.

Afterwards, John said,

“It needs to be remembered that any financial settlement which helps to secure a good trade deal will be dwarfed over the short term by net savings of at least £10 billion a year from leaving the EU.”

“There are still a few in the House of Commons who find it hard to accept the British people’s decision to leave the EU. They need to move on and, in doing so, contribute to a more positive approach both with regard to the negotiations and the opportunities that exist post-Brexit.”

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