11:18 Valerie Vaz (Labour)

Finally, as we leave the EU, let us remember the following: the more than 3 million UK jobs linked to our trade with the EU, which the CBI has estimated to be worth 4% to 5% of GDP, or £62 billion to £72 billion a year; the right to paid holiday leave; maximum working hours; equal treatment for men and women; health and safety standards; and EU investment in climate finance for emerging countries. Let me say something about parliamentary sovereignty, for the record. It was set out by John Laws, in the case of the metric martyrs, which many people will know—he happens to be the uncle of someone who works in No. 10. He said that rights created by the EU must be incorporated into UK law and take precedence, but the legal basis of that supremacy rests with Parliament. Parliament delegated that power to the EU and could take it away at any time—Parliament was always sovereign. Just as the EU evolved, so it will again.

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