Sarah Olney

I thank the hon. Lady for her intervention, although I am not sure what she means by the first album. We are talking about a comprehensive agreement. The EU has already indicated that it would be willing to discuss, and of course we should not enter agreements that are not to our advantage. As the Government know, a youth mobility scheme would not lead to a return to freedom of movement. After all, under the terms of the existing scheme, youth mobility visas are limited in duration and the number of eligible young people is capped. Delivering such a scheme would provide a return on investment in the form of soft power, which was never seemingly factored into the approach of the previous Conservative Government. The scheme that the Liberal Democrats propose is familiar and tried and tested; it allows those aged 18 to 30 to live, work and study in the countries involved for a set period. The advantages of a youth mobility scheme go far beyond the extension to a new generation of young people of the opportunities that many of us took for granted in our own youth. The wholly inadequate deal with the EU negotiated by the previous Conservative Government has done enormous damage to British businesses. We have seen soaring import costs, increased workforce shortages and reams of red tape, which have created huge barriers to growth. Exports by small businesses have dropped by 30%, and 20,000 small firms across the UK have stopped all exports to the EU. The UK faces acute labour shortages in sectors such as hospitality, the arts, entertainment and retail—exactly the kinds of jobs that young people visiting the UK for a few years might take on.