David Cameron is asked by the BBC's Ben Wright about claims of scaremongering over a UK exit from the EU. This is about considering all the arguments, Mr Cameron replies, adding that when it comes to security, terrorism and borders, it is better to stay part of the European Union.

Jon Moynihan says Remain campaigners keep talking about the EU as the world's largest market - but he says it only has that status "as long as we're there".

"As far as the market that we export to, actually the US is larger," he adds.

He says there's also a lot of "guff" about the risks and uncertainty of EU exit, saying there's plenty of detail on the Vote Leave website.

David Cameron says the UK will invest an extra £17m - or possibly £70m we couldn't quite tell which - in border security at Calais.

David Cameron says a comprehensive strategy is needed to defeat Islamist extremism. Air strikes are "degrading" the capability of so-called Islamic State in Syria, he says. The UK and French leaders, together with German Chancellor Angela Merkel, will speak to Russian president Vladimir Putin tomorrow, he adds.

That brings an end to the Q&A with the UK chancellor and German finance minister, but a new panel takes to the stage, featuring Lord Rose, chairman of the Britain Stronger In campaign and Jon Moynihan who is on the board of Vote Leave.

Lord Rose says an EU exit would create "uncertainty", adding that membership brings access to a single market of 500 million people without barriers or tariffs.

He says he is a Eurosceptic "to some extent" but adds that the EU "has worked for us so far" and the PM's EU reform deal will improve the relationship.

Asked what Germany would do if Britain voted to leave the EU on 23 June, German finance minister Wolfgang Schauble replies: "We would cry... but I hope we will not." He says the choice is up to the British people.

Chancellor George Osborne says voters want a "sober, serious principled assessment" of the case to stay in or to leave the EU. Those campaigning for the latter need to set out what the alternative would be, he says, adding that it'll be "a big test for them over the coming months as to whether they can do that".

President Hollande says he hopes the UK stays in the EU - saying this is in both parties' best interests, adding that "the people are always sovereign".

House of Commons
Parliament

Conservative David Jones says that it is not "fully understood" by the Welsh government that North Wales is "very much a part" of the same economic region as North West England.

He argues that "devolution carries the danger" that historic links with Manchester and Liverpool could be loosened.

He says railway lines in North Wales need "to be upgraded".

House of Lords
Parliament

The Bishop of St Albans, the Rt Revd Dr Alan Smith, uses his speech to talk about "planned obsolescence" - the policy of designing a product to become no longer functional after an artificially short period of time.

He tells peers the model is used "especially in the technology sector" where products need to be upgraded and replaced at regular intervals.

This approach is "so engrained that we barely even notice" but is "not sustainable either economically or environmentally", he complains.

"It is estimated there are 125m old mobile phones languishing in top draws of desks across the country, many of which contain metals that are increasingly scarce in the natural world.

"We need a model where upgrades can be done without replacing the product, but this can only come about with pressure from consumers."

German finance minister Wolfgang again insists he is "strongly in favour" of the UK staying in the EU. He says a vote to leave would bring "huge uncertainty" to Britain and negotiating new trade deals would result in "a lot of additional red tape".

From a self-interested perspective, he adds "I need allies to fight every day against additional red tape" - which is met with a smattering of applause.

George Osborne endorses his comments, saying an EU exit would mean businesses would face more regulation and rules "because you're not automatically complying with them already" as an EU member.

Chancellor George Osborne says he'd rather spend the next few years looking at improving trade relationships with countries such as the US and complete the single market in digital services, "rather than spend years on a costly and messy divorce". 

"It would consume the energies of the British government and the British Parliament" and lead to uncertainty for businesses, he adds.

George Osborne says the EU deal David Cameron negotiated with the leaders of the other 27 countries in the bloc is "a binding legal agreement", and stands by the reforms the PM secured.

He's been speaking alongside German Finance Minister Wolfgang Schäuble at the BCC's annual conference.

Asked if the EU sustainable in its current form, Mr Schäuble says reform is an ongoing necessity. He says the UK has been very "successful and efficient" in this, and argues that it's important that Britain votes to retain its membership.

He thinks continental Europe would become "less stable and more volatile" if the UK left.

Mr Osborne says he's offering "real words of wisdom and experience".

House of Commons
Parliament

Labour's Stephen Kinnock calls for a "constitutional convention" to produce a written constitution setting out devolved powers for all parts of the United Kingdom.

House of Lords
Parliament

Crossbench peer Baroness Young of Hornsey argues the circular economy could have a huge impact in the clothing and textile industries.

She tells peers that "£140m of clothing goes into landfills in the UK alone and we send 700,000 tonnes worth of clothes to be recycled every year".

"Fashion can make a positive creative intervention," she tells peers, by "designing in longevity, designing clothes for leasing and building a system that recaptures materials that can be re-used".

Reality Check

Image source, AFP

French finance minister Emmanuel Macron told the FT today that, if the UK left the EU, “migrants will no longer be in Calais”.

Would Brexit mean that France would open its border with the UK and let thousands of migrants currently in Calais cross the Channel?

France and the UK are bound by the Le Touquet agreement, a deal they signed in 2003, which established the UK immigration checks on French territory. Le Touquet is not an EU agreement and, if the UK votes to leave the EU, the deal will not automatically be affected.

Under the agreement, passengers are checked before they embark on cross-Channel services. The checks have stopped irregular migrants from reaching the UK, but they have also led, in part, to the establishment of the “Jungle”, the migrant camp in Calais that French authorities are currently trying to dismantle.

The agreement can be terminated only by the UK or the French government, after giving six months notice.

Speaking at the British Chambers of Commons, Chancellor George Osborne is discussing the EU referendum, and making his case for why the UK should vote to stay in.

He says if Britain wanted to maintain access to single market in the event of an EU exit it would still "have to pay in to the EU budget" and accept the principle of the free movement of people.

"For me that would be the worst of all worlds" for Britain, he says, adding that EU membership brings "positive trade benefits".  

House of Commons
Parliament

Image source, PA

MPs have moved on to a backbench business debate on Welsh affairs.

Labour's Stephen Kinnock focuses on the Welsh economy.

He says that leaving the European Union would inflict economic "uncertainty" on Wales. He describes being a member of the EU as a "pretty good deal".

He argues that "hundreds of thousands of jobs" in Wales are linked to the UK's membership of the EU.

Turning to the struggling steel sector, he says the government has failed to support the industry.

He says "if speedy action is not taken to prevent the dumping of Chinese steel, we will witness the beginning of the end of UK steel making".