Sir Mike Penning urges MPs not to “talk down the economy”

30th September 2019

Speaking in the House of Commons, Sir Mike Penning urges MPs not to “talk down the economy” which is the fifth largest economy in the world.

Sir Mike Penning MP speaking in the House of Commons, September 2019, Economy

 

There is one obvious point, even for people, like me, who are not economists: if we talk down the country and the economy, that is where the economy will go. Thank goodness the Labour party is not in power, because it would destroy the economy.

That is exactly the point I was making, because we need a bit of self-belief in our country. Here we are in the world’s fifth largest economy, and in a country that is widely regarded around the world as a bastion of strength, and we will absolutely succeed in all scenarios. When it comes to Brexit, the Government’s strong preference is to get a deal, but the overwhelming point that people need to hear from this Dispatch Box is that we are leaving the European Union on 31 October, delivering what the people asked us to do, and indeed what most of us in this House were elected specifically on manifestos to deliver.

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