Mr Douglas Alexander

Mr Douglas Alexander

Labour (Co-op) — Lothian East

Speaking in the House of Commons on 8 May 2025

Debate

Trade Negotiations

Contribution

As a mere Minister of Trade, I am not sure the Treasury would look kindly on me telling the OBR when to update its forecasts. I am a Trade Minister, not a Treasury Minister, but I have noted the hon. Lady’s observation. She is entirely right that the economic landscape has changed. It is right to recognise that many of the promises that were made in the past about us seeing major trading blocs bringing barriers down have been set aside in recent months and years, and we are seeing major trading blocs putting barriers up. That is why today’s deal is so significant.

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