June European Council

Part of the debate – in the House of Commons at 4:54 pm on 2nd July 2018.

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Photo of Stephen Kinnock Stephen Kinnock Labour, Aberavon 4:54 pm, 2nd July 2018

According to the Society of Motor Manufacturers and Traders, investment in new models, equipment and facilities in the UK was just £347 million in the first half of the year compared with £647 million in the same period of 2017, and that is on top of foreign direct investment plummeting by 90% since 2016. This is not “Project Fear”; it is happening right here, right now, to our jobs and to our economy. Does the Prime Minister not recognise that if she were to commit to the European economic area, she would stop the rot?