[3rd Allotted Day]

Part of Business of the House – in the House of Commons at 1:23 pm on 6th December 2018.

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Photo of John Baron John Baron Conservative, Basildon and Billericay 1:23 pm, 6th December 2018

I appreciate the hon. Gentleman’s generosity. All the evidence shows that inward investment is about relative advantage. It is about lower corporation tax rates and flexible labour markets. It is about a skilled workforce and our universities. Tariffs of 3% to 5% are not as important as other factors, and I suggest that he looks at the record inward investment that we have seen in this country since the referendum result, to prove that point.