May I join others in commending the Prime Minister for a clear, concise and very generous approach to the negotiations, both in her statement today and in her letter to President Tusk?
The Prime Minister will know that the reason we currently have a strong economy is partly due to the decisions taken by the previous Government and partly because nothing has actually changed economically, other than the sharp depreciation in our currency. As we go into a period of enhanced risk and uncertainty for our country and businesses, a process I think she will lead us through admirably, does she not agree that it is time to start talking facts and sense to the British people, rather than rhetoric and ideology, and in particular reject the idea that no deal and a reliance on WTO rules would somehow be okay? I am sure she will have seen recent research from the National Institute Of Economic and Social Research, which suggests that a WTO deal, despite all the trade deals we want to sign with China, Brazil, India and America, would represent a loss of trade of a quarter—a quarter—to the British economy. We cannot do that to this country. I hope she will tell us that we are not going to do that to our country. Can we start talking in facts and perhaps trust experts a little bit more?