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Lords EU Committee open ‘deal or no deal' inquiry with evidence from prominent Brexit supporters

The House of Lords EU Committee will next week open its inquiry into the Brexit negotiations and the possible impact if no deal is agreed between the sides before the UK leaves the EU.

The first evidence session in the inquiry will see the Committee pose questions on the prospect of ‘no deal' and a potential transition period to:

  • Ruth Lea, Economic Adviser, Arbuthnot Banking Group
  • John Longworth, Co-Chairman, Leave Means Leave

The session will start at 16:05 on Tuesday 10 October in Committee Room 3 of the House of Lords.

Questions the Committee will cover with the witnesses include:

  • Does the Prime Minister's Florence speech provide a sound basis for negotiations between the UK and EU?
  • What are the potential impacts, both positive and negative, of ‘no deal'? Who has most to lose from – or gain – from failure to reach an agreement?
  • Are the Government, industry and others doing enough to prepare for the possibility of ‘no deal'? What more could they be doing?
  • Is a transition or implementation period necessary for a deal to be achieved? How long should any transition period be?
  • Would continuing payments to the EU budget be a fair and reasonable price for achieving a transition agreement?
  • Is the Foreign Secretary's proposition that the UK should “refuse to accept new EU or ECJ rulings during transition” realistic?

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