I'm certainly not going to apologise for the Government's failure in a negotiation of which I have had no part. If Nigel Farage and I had been in charge of the negotiations, the outcome would have been very different indeed. [Interruption.] So, I accept the implied compliment from the Member for Llanelli.

It's extraordinary that the Government has not played a stronger hand in these negotiations, because the truth of the matter is that the EU sells every year £135 billion more of goods to us than we sell to them. Trading goods, of course, is covered by the single market legislation, whereas in trading services, where it's the other way around, the UK sells to the EU £92 billion-worth of services more than they sell to us. The single market does not exist in financial services, so we do not get the benefit of the single market to the same extent as the EU. That should have been an enormously powerful bargaining counter in the hands of the British Government, but they've completely blown it. They've made no preparation for no deal. We've got a situation now where budget payments are going to continue to be made but not linked to a trade deal, which is what should have happened right at the start, and the security guarantee that the Government has given to the EU is unconditional without getting anything in return. As a negotiating ploy, they have absolutely failed. The EU has entered these negotiations as a hostile power determined to make them fail to help us remain inside the EU.

The Labour Party's position is absolutely incoherent because they want us to leave the single market but actually stay in the customs union to make it impossible for us to do free trade deals with the rest of the world. I'll finish on this point: Theresa May started these negotiations, saying that no deal would be better than a bad deal. Well, unfortunately, we will be leaving these negotiations with the bad deal. The Conservative Party, I think, has a lot to answer for in these negotiations, because a house divided against itself cannot stand. The result has been, actually, a betrayal of the British people.