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Part of European Union (Notification of Withdrawal) Bill – in the House of Commons at 4:30 pm on 8 February 2017.

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Photo of Mary Creagh Mary Creagh Chair, Environmental Audit Committee, Chair, Environmental Audit Committee 4:30, 8 February 2017

Our Committee heard yesterday from industry representatives that British chemical manufacturers could pay up to €300 million, and have already paid about €130 million, to register chemicals with the REACH database and the European Chemicals Agency. Those sunk costs, which must be incurred by 2018, could be lost to UK industry as a result of the duplication of setting up a UK-based chemicals agency. Does the hon. Lady share my concern about that?