Answer from Hansard

The Secretary of State for Business and Trade (Jonathan Reynolds)

Since our last oral question time, we have secured three major trade agreements to boost British exports and drive growth across the UK. This Government are delivering trade deals that benefit businesses and put money in workers’ pockets, and are securing deals that other Governments promised, but failed to deliver. We have an agreement with our largest trading partner, with the biggest economy in the world, and with the fastest-growing big economy in the world. As we have heard, the India deal alone will boost wages by £2.2 billion a year when fully operational. Our new strategic partnership with the EU could add nearly £9 billion to our economy by 2040, and the UK was of course the first country to secure a deal with President Trump. I can also confirm that in the past week, we have hosted delegations from the US and China, in order to assist them in their negotiations with each other. As I have always said, under this Government, the UK will be the most open and best-connected economy in the world.