Local view for "http://purl.org/linkedpolitics/eu/plenary/2014-04-15-Speech-2-700-000"

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"Madam President, one of the three policy options being discussed as a means of addressing problems around the acquisition and preservation of pension rights is legislation at European Union level. Nothing would alarm my constituency in the West Midlands more than this. The use of best practices in a free and competitive market has always ensured the supremacy of the City of London in the financial services sector. Competition and innovation have ensured that British businesses have always led the way. As the workforce becomes more mobile, it is to innovators – not legislators – that we look to find the answers to the new challenges. Innovation creates; legislation stifles. In any case, the idea of having their pensions legislated by the same people who brought us the eurozone crisis would chill the hearts of most British people. My message to the European Commission is this, to parody an old saying: go and legislate on your own doorstep. Hands off our pensions!"@en1
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