Amendment of the Law

Part of the debate – in the House of Commons at 1:54 pm on 8th March 2017.

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Photo of Geraint Davies Geraint Davies Parliamentary Assembly of the Council of Europe (Substitute Member) 1:54 pm, 8th March 2017

Is the right hon. Gentleman disappointed as I am that the Chancellor did not mention that real wages and asset values were reduced at a stroke by 15% through devaluation? Although devaluation secures more exports in the short term, it will be offset by tariffs in the future. What are the prospects for trade when the single market hits us over the head with tariffs?