Leaving the Eu: Economic Impact of Proposed Deal

Part of the debate – in the House of Commons at 12:44 pm on 20th February 2019.

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Photo of Mel Stride Mel Stride Financial Secretary to the Treasury and Paymaster General 12:44 pm, 20th February 2019

I think the right hon. Gentleman’s question would be most appropriately directed to the Department for Business, Energy and Industrial Strategy as to the specifics of the companies that he listed. Honda, a company that has already been mentioned in this respect, has made it clear that its decision to leave the United Kingdom is not a consequence of Brexit; it is more to do with international changes around cars and the position of diesel, and of course the deal that Japan has struck on zero tariffs in a few years’ time for exports from Japan to the European Union.