We can control our borders without putting up checkpointsby Theresa Villiers / September 19, 2016 / Leave a comment
There has been a concerted effort to discredit and denigrate the 17m people across our United Kingdom who voted to leave the European Union. But, rather than a desire to hark back to the past or turn their backs to the outside world, I believe that the overriding motivation for “Leave” voters was the wish to take back control of our laws, so that once again we will become an independent self-governing democracy. Ending the supremacy of EU Law and the jurisdiction of the European Court of Justice is essential if we are to obey the instruction given on the 23rd June.
So far, the apocalyptic predictions of the “Remain” side have not come to pass. Employment is at a record high. The deficit is down. And thanks to difficult decisions that the government has made over the last six years, we are in a strong position to deal with the inevitable uncertainty caused by what is probably the biggest decision this country has made for over 40 years.
There has already been a bounce back with positive figures for consumer spending and the biggest month-on-month increase in the Markit/CIPS purchasing managers’ index for manufacturing in history. Companies like AstraZeneca and GlaxoSmithKline have announced major investment in their UK operations.
Now we need to press ahead with shaping a new relationship with the EU. Unqualified acceptance of Single Market legislation should not be part of the deal. There may be areas where we should continue to have the same or very similar regulation to the EU. But it is important that we regain the flexibility to tailor regulation. Even in cases where the UK and the EU have identical aims, the ability to respond more quickly to changing circumstances and pilot new ways to deliver outcomes will be key to improving our competitiveness. That is likely to require withdrawal from the customs union.
Financial services is one area where maintaining a degree of co-ordination and consistency between UK and EU regulation is worth considering. I spent six years as an MEP grappling with regulation of European capital markets and I appreciate the importance…