Results 1–20 of 65 for brexit speaker:John Martin McDonnell

The Economy (24 Oct 2019)

John Martin McDonnell: ...extraordinary, and I think a dereliction of the Chancellor’s duties, that he—unlike his predecessors—has refused to publish a detailed economic impact assessment of the Government’s Brexit proposals. Studies of similar proposals have indicated a hit to the growth of our economy of between 3.4% and 8.1%. Even the lower range of that hit will have a severe impact on our people’s...

The Economy (24 Oct 2019)

John Martin McDonnell: Although the Government will not publish their economic impact assessment, others have made such assessments, and have concluded that a hard Brexit could cripple our economy in the short and long term. We need to have a proper debate in the House to consider the consequences and discuss what amendments can be made to protect our economy.

The Economy (24 Oct 2019)

John Martin McDonnell: ...stunt commitments to paper over the massive cuts in our NHS, schools, policing and care will go nowhere near what is needed. A slogan will not suffice. People know—and this is relevant to the Brexit debate—that if the economy hits the buffers again, as a result of Brexit, economic mismanagement by the Tories or both, and when a choice must be made by the Tories about who will pay,...

HMRC Impact Analysis: Customs (8 Oct 2019)

John Martin McDonnell: Perhaps I can help the Minister fill in some of the gaps in the statement. The Government’s own assessment shows that their no-deal Brexit policy will introduce “significant ongoing administrative costs impacting on UK and EU businesses of all sectors.” It is an avalanche of paperwork descending on British businesses in the form of import, export, safety and security declarations. The...

Oral Answers to Questions — Treasury: Topical Questions (1 Oct 2019)

John Martin McDonnell: ...Infrastructure Commission says that we need £33 billion to roll out full-fibre broadband. Yesterday, he offered £5 billion. All of those promises will count for nothing if there is a no-deal Brexit. Has he not just followed the Cummings code: grab a headline, possibly wrap it around a bus and ignore the truth? But there is one figure that I would like to ask him about: 120,000. What...

No-Deal Brexit: Short Positions Against the Pound (30 Sep 2019)

John Martin McDonnell: (Urgent Question): To ask the Chancellor of the Exchequer if he will make a statement on short positions being taken against the pound in the lead-up to a possible no-deal Brexit.

No-Deal Brexit: Short Positions Against the Pound (30 Sep 2019)

John Martin McDonnell: .... Uncertainty, as we know, is the breeding ground for speculation. Evidence has mounted of sizeable sums being mobilised to short the pound, betting on sterling falling in the case of a no-deal Brexit. We have heard nothing from the Government until this morning. On the other hand, the former Chancellor has expressed his concern, saying that the Prime Minister “is backed by speculators...

Spending Round 2019 (4 Sep 2019)

John Martin McDonnell: ...he should, even before the Government’s majority disappeared yesterday. We have seen the so-called headroom, which the Chancellor’s predecessor had claimed was needed to prepare for a no-deal Brexit, spent instead on preparing for a general election. We all know that the Chancellor may not be in his job very long and maybe that is why he felt he needed to rush a spending round based on...

Oral Answers to Questions — Treasury: Topical Questions (21 May 2019)

John Martin McDonnell: The Chancellor’s speech to the CBI this evening has been much trailed. I welcome his clear warnings to his Conservative colleagues about the hit the economy would face from a no-deal Brexit, especially those who have said there is nothing to fear from a no deal. For the benefit of Members in the Chamber, will he explain what he sees as the impact of a no-deal Brexit and his clear view that...

Oral Answers to Questions — Treasury: Topical Questions (21 May 2019)

John Martin McDonnell: I shall be happy to deliver the Chancellor’s speech this evening. Any time! The reality is that for many the Brexit vote was, and may well be again, a kick at the establishment: an establishment that has inflicted nine years of harsh austerity on them, and which many feel has ignored them. As has been revealed this week, that austerity programme has meant children going to school hungry,...

Oral Answers to Questions — Treasury: Topical Questions (9 Apr 2019)

John Martin McDonnell: With the Brexit dialogue ongoing it is best to leave exchanges on that topic to the negotiations, although I hope we can all count on the Chancellor, if not everyone on his own side, to continue to insist that no deal is not an option. Turning to Google, when will the Chancellor tackle the scandal of Google’s tax avoidance? Google has an estimated taxable profit of £8.3 billion in the UK,...

Spring Statement (13 Mar 2019)

John Martin McDonnell: heavily redacted. We have just witnessed a display by the Chancellor of this Government’s toxic mix of callous complacency over austerity and their grotesque incompetence over the handling of Brexit. While teachers are having to pay for the materials their pupils need, and working parents are struggling to manage as schools close early and their children are sent home, and as 5,000...

Oral Answers to Questions — Treasury: Topical Questions (5 Mar 2019)

John Martin McDonnell: Yesterday, with the announcement of the towns fund, we reached a new low in politics in this country, with the attempt by the Government to purchase the votes of Labour MPs to vote for the Brexit deal. Pork barrel politics has become the new norm under this Government. Can I ask the Chancellor: if the price of a DUP vote has been £100 million each, how much has he calculated a...

Oral Answers to Questions — Treasury: Topical Questions (5 Mar 2019)

John Martin McDonnell: ...offered yesterday was £6 million. Let me ask the Chancellor to undertake another calculation. Seven days ago, he was forced to publish the Government’s assessment, again, of how much a no-deal Brexit would cost this country—in today’s prices, nearly £200 billion. How much of a threatened cost to this country will it take for this Chancellor to find a backbone to stand up to the...

Oral Answers to Questions — Treasury: Topical Questions (29 Jan 2019)

John Martin McDonnell: Let me bring the Chancellor back to Brexit. He knows full well the impact that no deal would have on people’s everyday lives. As we have heard, the British Retail Consortium warned yesterday that a no deal would lead to higher food prices, and even to empty shelves. The Government’s own economic analysis suggests a 10% hit to real wages. Knowing all this, would not a responsible...

Leaving the EU: European Union (Withdrawal) Act (14 Jan 2019)

John Martin McDonnell: ...radical rebalancing and, as we have heard in this debate, the overwhelming majority of Members are seeking not to ignore the referendum result, but to make sure that we do not have imposed on us a Brexit that undermines our economy, costs people their jobs and threatens their livelihoods. Members here are seeking to do their best by their constituents and by the country. They have done...

Leaving the EU: European Union (Withdrawal) Act (14 Jan 2019)

John Martin McDonnell: ...will not go through tomorrow—it will not have the support. But I think we have increasingly found tonight that we recognise that our first responsibility is to avoid the catastrophe of a no-deal Brexit. The House spoke clearly on this only recently when voting on the amendment to the Finance Bill tabled by my right hon. Friend the Member for Normanton, Pontefract and Castleford (Yvette...

Leaving the EU: European Union (Withdrawal) Act (14 Jan 2019)

John Martin McDonnell: ...and Social Research as well. The concerns they have expressed have been flooding in. The CBI has warned of a “lost decade”. We can be in no doubt about the likely consequences of a no-deal Brexit, and we cannot say that we were not warned. I believe that this House will act accordingly and reject a no-deal Brexit. The Prime Minister repeatedly warned that no deal is better than a bad...

Leaving the EU: European Union (Withdrawal) Act (14 Jan 2019)

John Martin McDonnell: .... The result of that incompetence is that jobs are being lost and livelihoods are already being threatened. As has been mentioned, Jaguar Land Rover, citing factors including uncertainty around Brexit, has announced 4,500 job cuts. Ford is planning to cut 1,000 jobs in Bridgend. Honda will stop production at its Swindon plant for six days in April. Government Ministers are fully aware of...

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