European Union Bill

I am sorry that my hon. Friend seems to regard Margaret Thatcher as having sold out to Europe when she agreed to the single market. I ask him to talk to UK businesses, as he will find that they regard the single European market as a great boon. It was the combination of the UK being in the single European market and at the same time offering the best deal, with regard to regulation and low taxes, that led the UK, under the Conservative Government that he and I supported, to attract the lion's share of foreign direct inward investment into the entire EU.