Mr Douglas Alexander

Mr Douglas Alexander

Labour (Co-op) — Lothian East

Speaking in the House of Commons on 6 May 2025

Debate

Trade Negotiations

Contribution

Given the significant progress we have made on goods, it is right to recognise that there are also huge opportunities on services. I pay tribute to the tech sector in the United Kingdom and to the extraordinary work that is being done not just in my hon. Friend’s constituency, but more broadly. The City of London, I am glad to say, has become a significant global tech hub, not least for fintech. Chris Hayward, policy chairman of the City of London Corporation, said today that “India is a key strategic partner, and this deal reflects our shared ambition to deepen trade ties, boost investment, and build lasting collaboration.” Whether in technology, fintech or financial services, there are huge opportunities as a result of this deal.

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