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Welsh Affairs

Part of the debate – in the House of Commons at 2:07 pm on 27th February 2020.

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Photo of Jonathan Edwards Jonathan Edwards Shadow PC Spokesperson (Treasury), Shadow PC Spokesperson (Transport), Shadow PC Spokesperson (Foreign Intervention), Shadow PC Spokesperson (Business, Energy and Industrial Strategy) 2:07 pm, 27th February 2020

The right hon. Gentleman is making some very relevant points, but will he add one more consideration to his list? One of the great benefits of the way the European system worked was the multi-annual financial framework, with a five, six or seven-year programme. That will be difficult in the UK context, because we will not be able to bind the next Government, so we will be looking at five years at best, but it must be for the maximum length of the Parliament, not determined every year in the Budget.