15 November 2018
Volume 649
Kevin Brennan (Cardiff West) (Lab):
Anyone buying an insurance policy would want to know what the excess was. If the analogy for the backstop is an insurance policy, is the Prime Minister seriously suggesting that we should sign up for an insurance policy where we do not know how much the excess will cost and where we also cannot leave it without the agreement of the other party?
The Prime Minister: One of the elements of the backstop—this relates to deciding, should we be in that circumstance, whether the backstop or the extension to the implementation period would be preferable—is that in the backstop there is no financial obligation.
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