Skip to main content
Banner image for Huw Merriman

Huw Merriman

Former Member of Parliament for Bexhill and Battle

Main navigation

  • Home
  • About Huw Merriman
  • News
  • Former Campaigns
  • Previous Campaign Responses
  • Newsletters
  • Contact
  • facebook
  • twitter

Watch: No-deal Brexit - Short Positions against the Pound

  • Tweet
Tuesday, 1 October, 2019
  • Speeches in Parliament
Huw

On Monday I asked the Exchequer Secretary to the Treasury whether the Government had prepared for any hit to GDP in the lead-up to a possible no-deal Brexit, following news that some hedge funds could profit.

Watch below:

 

Huw Merriman (Bexhill and Battle) (Con)

"In June, the Bank of England reported that, thanks to the mitigation and preparation put in place by the Government, any hit to GDP in the event of a No-deal Brexit would be reduced by two and a half percentage points. Will the Minister, whom I welcome to his position, confirm that we have had more preparation since then? That means we should be further protected, meaning these individuals will not make their money."

 

Mr Clarke

"My hon. Friend is, of course, absolutely right that we are stepping up our preparations to cover all eventualities. That is why we made provision in the spending review, which was designed to ensure that we ​go into this autumn with the options open to us kept as wide as possible. Of course, it is also why the provisions of the surrender Act, which the Opposition brought forward against the will of this Government, are so unwise."

 

Huw's letterhead

Statement from Huw Merriman MP

Thursday, 23 May, 2024
After 9 years as the Member of Parliament for Bexhill and Battle, I have made the decision not to stand as a candidate at the next election. This means I will also leave my job as Rail Minister on 4 July. I have loved being an MP and I leave with a heavy heart.

Show only

  • Articles
  • European News
  • Local News
  • Media
  • Opinions
  • Reports
  • Speeches
  • Speeches in Parliament
  • Westminster News

Huw Merriman Former MP for Bexhill and Battle

Footer

  • About RSS
  • Accessibility
  • Cookies
  • Privacy
  • About Bexhill and Battle
  • About Huw Merriman
  • Campaign Responses
  • facebook
  • twitter
Promoted and published by Huw Merriman c/o 29-31 Sea Road, Bexhill on Sea, TN40 1EE
Copyright 2025 Huw Merriman Former MP for Bexhill and Battle. All rights reserved.
Powered by Bluetree