European Union (Amendment) Bill

I want to make a serious business point, not a party political one. Does the hon. Gentleman agree that there will be temptations in a global world and global market for a company such as Airbus to source from areas with a cheap labour supply, provided that everything else is in order, and that it would be difficult to counteract that? Airbus, however, is in no way constrained by basic regulation in the EU; it can still compete internationally with Boeing. If there are constraints, they are to do with labour costs, not over-regulation.