HMRC Impact Analysis: Customs

Part of the debate – in the House of Commons at 1:38 pm on 8th October 2019.

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Photo of Madeleine Moon Madeleine Moon Chair, Defence Sub-Committee 1:38 pm, 8th October 2019

Ford finally came up with its frustration in relation to a lack of customs union and single market and decided to close the engine factory in Bridgend, with 1,700 jobs lost directly at the plant and 12,000 across the south Wales economy. When I look at today’s report, I look with horror at what will happen to the small and medium-sized enterprises across my constituency. What assessment has the Treasury made of the impact of today’s report on SMEs in individual constituencies? Ordinary lives will be devastated, even more so in my constituency than they already have been.